1005 Red Maple Ave,Cresco,IA,52136

Investment Highlights

Investment property for sale in Cresco at 1005 Red Maple Ave, Cresco, IA, 52136 uses $74,654 cash to close to unlock $2,816/yr annual cash flow and $235/mo monthly cash flow. Total monthly income runs $1,697/mo, and a $1,102/mo payment keeps the spread at $235/mo. Purchase price stands at $225,200, and rental yield measures 9.04% with $1,697/mo rent. Return on cash invested shows 23.68% in year one, and 5% annual appreciation builds toward $62,219 over five years. Five-year ROI reaches 123.47% and total cumulative return in cash records $92,172. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,697/mo property income covering a $1,102/mo payment rather than investor’s personal income.