12297 N 4th Ave W, Colfax, IA, 50054 | 3.83% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Colfax at 12297 N 4th Ave W, Colfax, IA, 50054 generates $1,500/mo in rent, after a $2,300/mo payment. Total monthly income is $1,500/mo. Return on cash invested sits at 7.95% in year one, and rental yield is 3.83% on a $469,900 entry. Equity gained on principal adds $3,032/yr, while 5% annual appreciation builds toward $129,825 over five years. Five-year ROI reaches 39.15% and total cumulative return in cash sums $60,986. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,500/mo property income rather than buyer’s personal income.

Single Family

Built in 2007

11.34 Acres lot

$N/A/sqft

No HOA