306 Warner StColoIA50056
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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 Colo at 306 Warner St, Colo, IA, 50056 uses $72,267 cash to close to unlock $3,758/yr annual cash flow and $313/mo monthly cash flow. Total monthly income runs $1,729/mo, and a $1,067/mo payment keeps the spread at $313/mo. Purchase price stands at $218,000, and rental yield measures 9.52% with $1,729/mo rent. Return on cash invested shows 25.11% in year one, and 5% annual appreciation builds toward $60,229 over five years. Five-year ROI reaches 131.19% and total cumulative return in cash records $94,807. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,729/mo property income covering a $1,067/mo payment rather than investor’s personal income.
Single Family
Built in 1954
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50056, Colo, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 553 (100%) |
| Owner Occupied HU | 411 (74.3%) |
| Renter Occupied HU | 106 (19.2%) |
| Vacant Housing Units | 36 ( 6.5%) |
| Median Home Value | $173,237 |
| Average Home Value | $212,287 |
Housing Distribution
Address Breakdown
Residential
447
Single Family
447
Multi-Family
0
Businesses
32
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