737 5th 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
Rental property for sale in Colo at 737 5th St, Colo, IA, 50056 generates $1,385/mo in rent and, after a $773/mo payment, leaves $359/mo in cash flow. Total monthly income is $1,385/mo, and annual cash flow is $4,310/yr on $52,377 invested. Return on cash invested sits at 28.14% in year one, and rental yield is 10.52% on a $158,000 entry. Equity gained on principal adds $1,020/yr, while 5% annual appreciation builds toward $43,652 over five years. Five-year ROI reaches 147.45% and total cumulative return in cash sums $77,230. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,385/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
6,969 sqft 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: #68260
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.