








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 Colfax at 524 S West St, Colfax, IA, 50054 listed at $144,900 pairs $1,310/mo rent with a $709/mo payment to leave $369/mo cash flow. Total monthly income runs $1,310/mo, and annual cash flow reaches $4,430/yr on $48,034 cash to close. Return on cash invested measures 29.13% in year one, and rental yield registers 10.85% at a $144,900 basis. Equity gained on principal adds $935/yr, and annual property appreciation at 5% supports $40,033 by year five. Five-year ROI tracks 152.77% and total cumulative return in cash totals $73,381. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,310/mo property income relative to a $709/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1909
7,871 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-09-23 | Price change | $144,900 |
| 2024-09-16 | Price change | $149,900 |
| 2024-08-22 | Price change | $154,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1940.00 | 10.10% | $103,790 | 21.83% |
| 2022-10-15 | $1762.00 | -5.27% | $85,190 | 8.55% |
| 2021-10-15 | $1860.00 | 3.66% | $78,480 | 0.72% |



Listed by: Julio Calvo • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #700490
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