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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Colfax at 410 S Walnut St, Colfax, IA, 50054 offers $2,435/mo rent that, after a $2,007/mo payment. Total monthly income is $2,435/mo. Return on cash invested measures 17.9% in year one, and rental yield stands at 7.13% at a $410,000 entry. Equity gained on principal adds $2,646/yr while 5% annual appreciation compounds into $113,275 by year five. Five-year ROI records 92.43% and total cumulative return in cash reaches $125,627. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,435/mo property income versus a $2,007/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
1.75 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Heather Rawlins • Colfax
Mls Name: Iowa Realty
Mls ID: #725589
