1112 Prairie Meadow Ct #6,Waterloo,IA,50701

Investment Highlights

Rental property for sale in Waterloo at 1112 Prairie Meadow Ct #6, Waterloo, IA, 50701 generates $1,190/mo in rent and, after a $582/mo payment, leaves $418/mo in cash flow. Total monthly income is $1,190/mo, and annual cash flow is $5,011/yr on $39,449 invested. Return on cash invested sits at 32.61% in year one, and rental yield is 12% on a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 171.43% and total cumulative return in cash sums $67,625. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,190/mo property income rather than buyer’s personal income.