








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 Jefferson at 507 Hickory Ln, Jefferson, IA, 50129 earns from $840/mo rent with a $2,056/mo payment. Total monthly income totals $840/mo. ROI tracks 3.63% on current figures, and rental yield reads 2.4% at a $420,000 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 over five years. Five-year ROI reaches 15.92% and total cumulative return in cash sums $22,171. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $840/mo property income instead of your personal income.
Single Family
Built in 2005
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50129, Jefferson, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,488 (100%) |
| Owner Occupied HU | 1,673 (67.2%) |
| Renter Occupied HU | 554 (22.3%) |
| Vacant Housing Units | 261 (10.5%) |
| Median Home Value | $156,860 |
| Average Home Value | $174,928 |
Residential
2,339
Single Family
2,228
Multi-Family
111
Businesses
268
Date | Event | Price |
|---|---|---|
| 2025-07-01 | Listed for sale | $420,000 |
| 2025-01-22 | Sold | $270,000 |
| 2025-01-20 | Pending sale | $299,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-18 | $6398.00 | 14.09% | $345,400 | -0.26% |
| 2023-10-18 | $5608.00 | 2.00% | $346,300 | 35.27% |
| 2022-10-18 | $5498.00 | 3.93% | $256,000 | N/A |



Listed by: Nicole Uebel • RE/MAX Legacy
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6329274
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-18 05:17:31 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#7734)