1042 Prairie Meadow Ct,Waterloo,IA,50701

Investment Highlights

Investment property for sale in Waterloo at 1042 Prairie Meadow Ct, Waterloo, IA, 50701 offers a 9.93% rental yield on a $124,700 purchase with $1,032/mo rent. Total monthly income registers $1,032/mo, and a $610/mo payment leaves $222/mo available for distribution. Annual cash flow reaches $2,670/yr on $41,338 to close, and return on cash invested stands at 26.37% in year one. Equity gained on principal adds $805/yr while 5% annual appreciation supports $34,452 over five years. Portfolio math shows five-year ROI at 137.93% and total cumulative return in cash at $57,019. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,032/mo property income against a $610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.