100 9th Ave SE,Le Mars,IA,51031

Investment Highlights

Investment property for sale in Le Mars at 100 9th Ave SE, Le Mars, IA, 51031 listed at $214,000 pairs $1,798/mo rent with a $1,047/mo payment to leave $409/mo cash flow. Total monthly income runs $1,798/mo, and annual cash flow reaches $4,903/yr on $70,941 cash to close. Return on cash invested measures 26.82% in year one, and rental yield registers 10.08% at a $214,000 basis. Equity gained on principal adds $1,381/yr, and annual property appreciation at 5% supports $59,124 by year five. Five-year ROI tracks 140.31% and total cumulative return in cash totals $99,539. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,798/mo property income relative to a $1,047/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).