39700 Mahogany AveColesburgIA52035
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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 Colesburg at 39700 Mahogany Ave, Colesburg, IA, 52035 earns $296/mo cash flow from $2,627/mo rent with a $1,757/mo payment. Total monthly income totals $2,627/mo, and annual cash flow totals $3,547/yr on $119,009 capital. ROI tracks 22.89% on current figures, and rental yield reads 8.78% at a $359,000 purchase. Equity gained on principal adds $2,317/yr, and 5% annual appreciation supports $99,185 over five years. Five-year ROI reaches 119.24% and total cumulative return in cash sums $141,907. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,627/mo property income instead of your personal income.
Single Family
Built in 1999
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52035, Colesburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 420 (100%) |
| Owner Occupied HU | 318 (75.7%) |
| Renter Occupied HU | 57 (13.6%) |
| Vacant Housing Units | 45 (10.7%) |
| Median Home Value | $169,022 |
| Average Home Value | $275,857 |
Housing Distribution
Address Breakdown
Residential
265
Single Family
265
Multi-Family
0
Businesses
18
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Listed by: Kayla Aulwes • EXIT Realty Driftless Group
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #151616
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.