1213 Elm St,Oelwein,IA,50662

Investment Highlights

Investment property for sale in Oelwein at 1213 Elm St, Oelwein, IA, 50662 listed at $215,000 pairs $1,372/mo rent with a $1,052/mo payment. Total monthly income runs $1,372/mo. Return on cash invested measures 19.5% in year one, and rental yield registers 7.66% at a $215,000 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,401 by year five. Five-year ROI tracks 101.06% and total cumulative return in cash totals $72,025. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,372/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).