127 Doyle Ave,Evansdale,IA,50707

Investment Highlights

Rental property for sale in Evansdale at 127 Doyle Ave, Evansdale, IA, 50707 generates $2,638/mo in rent and, after a $1,659/mo payment, leaves $437/mo in cash flow. Total monthly income is $2,638/mo, and annual cash flow is $5,239/yr on $112,379 invested. Return on cash invested sits at 24.57% in year one, and rental yield is 9.34% on a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 128.25% and total cumulative return in cash sums $144,124. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,638/mo property income rather than buyer’s personal income.