








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 223 W Broadway St, Colfax, IA, 50054 at $169,000 posts ROI 27.46% with $353/mo cash flow from $1,450/mo rent. Total monthly income equals $1,450/mo, and annual cash flow records $4,231/yr on $56,024 to close. Return on cash invested measures 27.46% and rental yield reads 10.3% at the current $169,000. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 by year five. Five-year ROI prints 143.78% and total cumulative return in cash totals $80,551.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,450/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
5,715 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Heather Rawlins • Iowa Realty Colfax
Mls Name: DMMLS
Mls ID: #725438