








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 313 W Broadway St, Colfax, IA, 50054 earns $309/mo cash flow from $1,146/mo rent with a $631/mo payment. Total monthly income totals $1,146/mo, and annual cash flow totals $3,703/yr on $42,764 capital. ROI tracks 28.57% on current figures, and rental yield reads 10.66% at a $129,000 purchase. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 over five years. Five-year ROI reaches 149.74% and total cumulative return in cash sums $64,033. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,146/mo property income instead of your personal income.
Single Family
Built in 1890
6,969 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-09-23 | Sold | $129,000 |
| 2025-08-13 | Pending sale | $129,900 |
| 2025-08-08 | Listed for sale | $129,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $1670.00 | 3.47% | $87,120 | N/A |
| 2023-10-13 | $1614.00 | 11.16% | $87,120 | 23.03% |
| 2022-10-13 | $1452.00 | -10.81% | $70,810 | 9.48% |



Listed by: Megan Meyer • Iowa Realty Newton
Mls Name: DMMLS
Mls Provider:
Mls ID: #723988
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.