1229 9th St,Nevada,IA,50201

Investment Highlights

Investment property for sale in Nevada at 1229 9th St, Nevada, IA, 50201 offers a 10.08% rental yield on a $214,000 purchase with $1,798/mo rent. Total monthly income registers $1,798/mo, and a $1,047/mo payment leaves $409/mo available for distribution. Annual cash flow reaches $4,903/yr on $70,941 to close, and return on cash invested stands at 26.82% in year one. Equity gained on principal adds $1,381/yr while 5% annual appreciation supports $59,124 over five years. Portfolio math shows five-year ROI at 140.31% and total cumulative return in cash at $99,539. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,798/mo property income against a $1,047/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.