614 5th StColoIA50056
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Colo at 614 5th St, Colo, IA, 50056 generates $1,650/mo in rent and, after a $1,018/mo payment, leaves $299/mo in cash flow. Total monthly income is $1,650/mo, and annual cash flow is $3,590/yr on $68,952 invested. Return on cash invested sits at 25.12% in year one, and rental yield is 9.52% on a $208,000 entry. Equity gained on principal adds $1,342/yr, while 5% annual appreciation builds toward $57,467 over five years. Five-year ROI reaches 131.22% and total cumulative return in cash sums $90,480. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,650/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50056, Colo, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 553 (100%) |
| Owner Occupied HU | 411 (74.3%) |
| Renter Occupied HU | 106 (19.2%) |
| Vacant Housing Units | 36 ( 6.5%) |
| Median Home Value | $173,237 |
| Average Home Value | $212,287 |
Housing Distribution
Address Breakdown
Residential
447
Single Family
447
Multi-Family
0
Businesses
32
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gina Marie McAndrews • CENTURY 21 SIGNATURE-Ames
Mls Name: CIBR
Mls Provider:
Mls ID: #68849
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.