1111 Central Ave,Evansdale,IA,50707

Investment Highlights

Rental property for sale in Evansdale at 1111 Central Ave, Evansdale, IA, 50707 generates $1,296/mo in rent and, after a $729/mo payment, leaves $329/mo in cash flow. Total monthly income is $1,296/mo, and annual cash flow is $3,943/yr on $49,394 invested. Return on cash invested sits at 27.89% in year one, and rental yield is 10.44% on a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 146.07% and total cumulative return in cash sums $72,148. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,296/mo property income rather than buyer’s personal income.