1118 Walnut St,Harlan,IA,51537

Investment Highlights

Investment property for sale in Harlan at 1118 Walnut St, Harlan, IA, 51537 offers a 10.08% rental yield on a $204,900 purchase with $1,721/mo rent. Total monthly income registers $1,721/mo, and a $1,003/mo payment leaves $390/mo available for distribution. Annual cash flow reaches $4,682/yr on $67,924 to close, and return on cash invested stands at 26.8% in year one. Equity gained on principal adds $1,322/yr while 5% annual appreciation supports $56,610 over five years. Portfolio math shows five-year ROI at 140.27% and total cumulative return in cash at $95,278. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,721/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.