103 N Iowa St, Colfax, IA, 50054 | 7.71% Rental Yield

Pending

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
1399 sft

1840 Capitol Ave, Des Moines, IA, 50316

2 Bed
2 Bath
880 sft

3113 State Ave, Des Moines, IA, 50317

2 Bed
1 Bath
788 sft

2814 Des Moines St, Des Moines, IA, 50317

2 Bed
1 Bath
768 sft

2638 E Grand Ave, Des Moines, IA, 50317

Nearby investment properties with comparable prices

2 Bed
2 Bath
875 sft

214 SW Scott St, Ankeny, IA, 50023

4 Bed
1 Bath
1866 sft

2906 Cambridge St, Des Moines, IA, 50313

4 Bed
2 Bath
1008 sft

711 E 12th St N, Newton, IA, 50208

2 Bed
1 Bath
1106 sft

2317 Des Moines St, Des Moines, IA, 50317

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Colfax at 103 N Iowa St, Colfax, IA, 50054 at $270,000 posts ROI 19.64% with from $1,734/mo rent. Total monthly income equals $1,734/mo. Return on cash invested measures 19.64% and rental yield reads 7.71% at the current $270,000. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 by year five. Five-year ROI prints 101.81% and total cumulative return in cash totals $91,129. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,734/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1880

10,197 sqft lot

$N/A/sqft

No HOA