Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Kalona at 508 4th St, Kalona, IA, 52247 listed at $190,000 pairs $1,774/mo rent with a $930/mo payment to leave $540/mo cash flow. Total monthly income runs $1,774/mo, and annual cash flow reaches $6,480/yr on $62,985 cash to close. Return on cash invested measures 30.2% in year one, and rental yield registers 11.2% at a $190,000 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,494 by year five. Five-year ROI tracks 158.4% and total cumulative return in cash totals $99,768. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,774/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52247, Kalona, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,272 (100%) |
| Owner Occupied HU | 1,658 (73.0%) |
| Renter Occupied HU | 495 (21.8%) |
| Vacant Housing Units | 119 ( 5.2%) |
| Median Home Value | $288,403 |
| Average Home Value | $320,344 |
Residential
2,032
Single Family
1,944
Multi-Family
88
Businesses
219
Date | Event | Price |
|---|---|---|
| 2025-09-17 | Sold | $190,000 |
| 2025-06-30 | Price change | $200,000 |
| 2025-06-16 | Listed for sale | $209,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | $2478.00 | -2.13% | $166,400 | N/A |
| 2023-10-28 | $2532.00 | 2.34% | $166,400 | 19.20% |
| 2022-10-28 | $2474.00 | -0.40% | $139,600 | N/A |
Listed by: Hayley Hershberger • KALONA REALTY, INC.
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202503987
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.
