1203 Eloise St Unit 3,Okoboji,IA,51355

Investment Highlights

Investment property for sale in Okoboji at 1203 Eloise St Unit 3, Okoboji, IA, 51355 listed at $294,500 pairs $1,620/mo rent with a $1,441/mo payment. Total monthly income runs $1,620/mo. Return on cash invested measures 16.32% in year one, and rental yield registers 6.6% at a $294,500 basis. Equity gained on principal adds $1,900/yr, and annual property appreciation at 5% supports $81,365 by year five. Five-year ROI tracks 83.98% and total cumulative return in cash totals $81,985. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,620/mo property income relative to a $1,441/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).