12031 Fan AveColfaxIA50054
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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 12031 Fan Ave, Colfax, IA, 50054 listed at $399,000 pairs $1,614/mo rent with a $1,953/mo payment. Total monthly income runs $1,614/mo. Return on cash invested measures 11.04% in year one, and rental yield registers 4.85% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 55.69% and total cumulative return in cash totals $73,658. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,614/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1996
19.15 Acres lot
$N/A/sqft
No HOA
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Listed by: Austin Sullivan • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #716258
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