




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Colfax at 302 E Broadway St, Colfax, IA, 50054 priced at $147,600 pairs $1,428/mo rent with $470/mo cash flow after a $722/mo payment. Total monthly income equals $1,428/mo, and annual cash flow comes to $5,638/yr on $48,929 invested. Return on cash invested is 31.43% in year one, and rental yield stands at 11.61% on a $147,600 basis. Equity gained on principal adds $952/yr, and 5% annual appreciation accumulates to $40,779 by year five. Five-year ROI measures 165.05% and total cumulative return in cash reaches $80,756. For financing, Ziffy Mortgage’s DSCR program evaluates $1,428/mo property income against a $722/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1880
6,588 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-10-06 | Listing removed | $149,900 |
| 2025-08-04 | Price change | $149,900 |
| 2025-07-17 | Listed for sale | $159,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $1980.00 | 4.87% | $113,800 | N/A |
| 2023-10-21 | $1888.00 | 12.38% | $113,800 | 24.05% |
| 2022-10-21 | $1680.00 | 16.83% | $91,740 | 9.54% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A