1215 3rd St NE,Oelwein,IA,50662

Investment Highlights

Investment property for sale in Oelwein at 1215 3rd St NE, Oelwein, IA, 50662 earns $4/mo cash flow from $2,569/mo rent with a $1,933/mo payment. Total monthly income totals $2,569/mo, and annual cash flow totals $48/yr on $130,943 capital. ROI tracks 19.95% on current figures, and rental yield reads 7.8% at a $395,000 purchase. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 over five years. Five-year ROI reaches 103.42% and total cumulative return in cash sums $135,426. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,569/mo property income instead of your personal income.