1134 S Goodrich StColfaxIA50054
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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 Colfax at 1134 S Goodrich St, Colfax, IA, 50054 earns $191/mo cash flow from $1,886/mo rent with a $1,076/mo payment. Total monthly income totals $1,886/mo, and annual cash flow totals $2,295/yr on $72,897 capital. ROI tracks 23.06% on current figures, and rental yield reads 10.29% at a $219,900 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 over five years. Five-year ROI reaches 121.76% and total cumulative return in cash sums $88,756. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,886/mo property income instead of your personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
$200 monthly HOA
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Listed by: Heather Rawlins • Iowa Realty Altoona
Mls Name: DMMLS
Mls Provider:
Mls ID: #717724
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.