W 120th AveColfaxIA50054
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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 Colfax at W 120th Ave, Colfax, IA, 50054 offers $1,500/mo rent that, after a $2,018/mo payment. Total monthly income is $1,500/mo. Return on cash invested measures 9.57% in year one, and rental yield stands at 4.37% at a $412,250 entry. Equity gained on principal adds $2,660/yr while 5% annual appreciation compounds into $113,897 by year five. Five-year ROI records 47.8% and total cumulative return in cash reaches $65,326. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,500/mo property income versus a $2,018/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
48.50 Acres lot
$N/A/sqft
No HOA
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Listed by: Matt C Adams • Peoples Company
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327804
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.