316 N Jefferson 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 316 N Jefferson St, Goldfield, IA, 50542 earns $419/mo cash flow from $1,380/mo rent with a $724/mo payment. Total monthly income totals $1,380/mo, and annual cash flow totals $5,028/yr on $49,062 capital. ROI tracks 30.16% on current figures, and rental yield reads 11.19% at a $148,000 purchase. Equity gained on principal adds $955/yr, and 5% annual appreciation supports $40,890 over five years. Five-year ROI reaches 158.18% and total cumulative return in cash sums $77,606. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,380/mo property income instead of your personal income.
Single Family
Built in 1955
0.42 Acres 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: Real Estate Team, Jennings • RE/MAX REAL ESTATE CENTER
Mls Name: CIBR
Mls Provider:
Mls ID: #68555
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.