106 Crestview Dr #Le,Le Mars,IA,51031

Investment Highlights

Rental property for sale in Le Mars at 106 Crestview Dr #Le, Le Mars, IA, 51031 offers $1,156/mo rent that, after a $724/mo payment, leaves $195/mo cash flow. Total monthly income is $1,156/mo, and annual cash flow is $2,344/yr on $49,029 cash. Return on cash invested measures 24.69% in year one, and rental yield stands at 9.38% at a $147,900 entry. Equity gained on principal adds $954/yr while 5% annual appreciation compounds into $40,862 by year five. Five-year ROI records 128.95% and total cumulative return in cash reaches $63,223. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,156/mo property income versus a $724/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.