303 Gamble St, Columbus Junction, IA, 52738 | $225/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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303 Gamble St, Columbus Junction, IA, 52738 | $225/mo Cash Flow | Ziffy

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 Columbus Junction at 303 Gamble St, Columbus Junction, IA, 52738 offers $1,297/mo rent that, after a $808/mo payment, leaves $225/mo cash flow. Total monthly income is $1,297/mo, and annual cash flow is $2,700/yr on $54,698 cash. Return on cash invested measures 24.85% in year one, and rental yield stands at 9.43% at a $165,000 entry. Equity gained on principal adds $1,065/yr while 5% annual appreciation compounds into $45,586 by year five. Five-year ROI records 129.68% and total cumulative return in cash reaches $70,931. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,297/mo property income versus a $808/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1900

0.28 Acres lot

$N/A/sqft

No HOA

More details about the property

This charming 4 bedroom, 1 1/2 bathroom home sits on a generous corner lot that gives you plenty of room to spread out and make it your own. With 1,524 square feet of comfortable living space, there's room for the whole family to find their perfect spot. The partially fenced backyard is great for kids and pets to play safely, while still leaving space for your future plans maybe that garage you've been dreaming about. The corner lot position means extra yard space and fewer neighbors directly next door, giving you a nice sense of privacy.One of the best perks? You can literally walk to Columbus Schools from your front door. No more rushing around in the morning trying to beat the school bell just a pleasant stroll and you're there. Parents will love the convenience, and kids might actually enjoy the walk with friends. The home features four good-sized bedrooms, perfect for growing families or anyone who needs extra space for a home office, craft room, or guest quarters. With one and a half bathrooms, morning routines become much more manageable. Chatauqua Park is just a short distance away, offering even more outdoor space for recreation and community activities. This home combines small-town charm with practical features, making it an ideal choice

Neighborhood Data

Neighborhood data shown for ZIP Code: 52738, Columbus Junction, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,415 (100%)
Owner Occupied HU	934 (66.0%)
Renter Occupied HU	326 (23.0%)
Vacant Housing Units	155 (11.0%)
Median Home Value	$170,588
Average Home Value	$257,869