305 N Lincoln StGoldfieldIA50542
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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
Investment Highlights
Investment property for sale in Goldfield at 305 N Lincoln St, Goldfield, IA, 50542 listed at $140,000 pairs $1,080/mo rent with a $685/mo payment to leave $171/mo cash flow. Total monthly income runs $1,080/mo, and annual cash flow reaches $2,052/yr on $46,410 cash to close. Return on cash invested measures 24.33% in year one, and rental yield registers 9.26% at a $140,000 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,679 by year five. Five-year ROI tracks 126.93% and total cumulative return in cash totals $58,906. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,080/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50542, Goldfield, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 418 (100%) |
| Owner Occupied HU | 314 (75.1%) |
| Renter Occupied HU | 61 (14.6%) |
| Vacant Housing Units | 43 (10.3%) |
| Median Home Value | $135,417 |
| Average Home Value | $162,110 |
Housing Distribution
Address Breakdown
Residential
238
Single Family
222
Multi-Family
16
Businesses
27
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Listed by: Todd Swalin • Ryerson Realty LLC
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6329074
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