1000 Central Ave SE,Le Mars,IA,51031

Investment Highlights

Investment property for sale in Le Mars at 1000 Central Ave SE, Le Mars, IA, 51031 earns $311/mo cash flow from $1,480/mo rent with a $881/mo payment. Total monthly income totals $1,480/mo, and annual cash flow totals $3,732/yr on $59,670 capital. ROI tracks 26.16% on current figures, and rental yield reads 9.87% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 136.76% and total cumulative return in cash sums $81,605. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,480/mo property income instead of your personal income.