507 W Lincoln WayJeffersonIA50129
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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
Rental property for sale in Jefferson at 507 W Lincoln Way, Jefferson, IA, 50129 priced at $149,900 converts $1,130/mo rent into $156/mo cash flow after a $734/mo obligation. Total monthly income equals $1,130/mo, and annual cash flow totals $1,874/yr on $49,692 invested. Return on cash invested prints 23.68% in year one, and rental yield reads 9.05% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 123.57% and total cumulative return in cash sums $61,403. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,130/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50129, Jefferson, IA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,339
Single Family
2,228
Multi-Family
111
Businesses
268
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Listed by: jHo Goh • GoSynergy Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #720743
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.