835 1st PlKalonaIA52247
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Kalona at 835 1st Pl, Kalona, IA, 52247 uses $104,423 cash to close to unlock $9,372/yr annual cash flow and $781/mo monthly cash flow. Total monthly income runs $2,827/mo, and a $1,542/mo payment keeps the spread at $781/mo. Purchase price stands at $315,000, and rental yield measures 10.77% with $2,827/mo rent. Return on cash invested shows 28.88% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 151.35% and total cumulative return in cash records $158,045. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,827/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52247, Kalona, IA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,032
Single Family
1,944
Multi-Family
88
Businesses
219
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