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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Colfax at 203 E Front St, Colfax, IA, 50054 listed at $235,000 pairs $2,225/mo rent with a $1,150/mo payment to leave $625/mo cash flow. Total monthly income runs $2,225/mo, and annual cash flow reaches $7,500/yr on $77,903 cash to close. Return on cash invested measures 29.54% in year one, and rental yield registers 11.36% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 155.26% and total cumulative return in cash totals $120,952. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,225/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
0.33 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-05-19 | Listed for sale | $235,000 |
| 2025-05-06 | Pending sale | $235,000 |
| 2025-04-25 | Listed for sale | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-22 | $4460.00 | 38.08% | $232,710 | N/A |
| 2023-05-22 | $3230.00 | 8.46% | $232,710 | 64.10% |
| 2022-05-22 | $2978.00 | 12.04% | $141,810 | 6.95% |
Listed by: Heather Rawlins • Iowa Realty Altoona
Mls Name: DMMLS
Mls Provider:
Mls ID: #716589
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.
