111 E Lincoln WayJeffersonIA50129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Jefferson at 111 E Lincoln Way, Jefferson, IA, 50129 with 5% annual appreciation on a $375,000 basis while $1,174/mo rent supports operations. 74% in year one. Equity gained on principal adds $2,420/yr, and five-year appreciation sums $103,606 alongside rental yield of 3.76%. Five-year ROI measures 37.96% and total cumulative return in cash totals $47,187. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,174/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Apartment
Built in 1917
2,904 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50129, Jefferson, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,488 (100%) |
| Owner Occupied HU | 1,673 (67.2%) |
| Renter Occupied HU | 554 (22.3%) |
| Vacant Housing Units | 261 (10.5%) |
| Median Home Value | $156,860 |
| Average Home Value | $174,928 |
Housing Distribution
Address Breakdown
Residential
2,339
Single Family
2,228
Multi-Family
111
Businesses
268
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicole Uebel • RE/MAX Legacy
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6312624
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.