1035 190th St,Fonda,IA,50540

Investment Highlights

Investment property for sale in Fonda at 1035 190th St, Fonda, IA, 50540 offers a 11.07% rental yield on a $145,000 purchase with $1,338/mo rent. Total monthly income registers $1,338/mo, and a $710/mo payment leaves $396/mo available for distribution. Annual cash flow reaches $4,752/yr on $48,068 to close, and return on cash invested stands at 29.8% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 156.22% and total cumulative return in cash at $75,092. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,338/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.