1200 Saint Andrews Ave,Waterloo,IA,50701

Investment Highlights

Rental property for sale in Waterloo at 1200 Saint Andrews Ave, Waterloo, IA, 50701 generates $1,609/mo in rent and, after a $1,089/mo payment, leaves $164/mo in cash flow. Total monthly income is $1,609/mo, and annual cash flow is $1,968/yr on $73,759 invested. Return on cash invested sits at 22.58% in year one, and rental yield is 8.68% on a $222,500 entry. Equity gained on principal adds $1,436/yr, while 5% annual appreciation builds toward $61,473 over five years. Five-year ROI reaches 117.53% and total cumulative return in cash sums $86,692. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,609/mo property income rather than buyer’s personal income.