69438 260th StColoIA50056
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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
Investment property for sale in Colo at 69438 260th St, Colo, IA, 50056 listed at $425,000 pairs $1,733/mo rent with a $2,080/mo payment. Total monthly income runs $1,733/mo. Return on cash invested measures 11.16% in year one, and rental yield registers 4.89% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 56.32% and total cumulative return in cash totals $79,349. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,733/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2015
9 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
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Listed by: Marc Olson Team • RE/MAX Concepts-Nevada
Mls Name: CIBR
Mls Provider:
Mls ID: #66925
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.