704 W Lincoln WayJeffersonIA50129
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
Investment property for sale in Jefferson at 704 W Lincoln Way, Jefferson, IA, 50129 offers a 5.63% rental yield on a $179,000 purchase with $840/mo rent. 39% in year one. Equity gained on principal adds $1,155/yr while 5% annual appreciation supports $49,454 over five years. Portfolio math shows five-year ROI at 68.3% and total cumulative return in cash at $40,527. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $840/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1916
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices