1302 Highway 71 N #33,Okoboji,IA,51355

Investment Highlights

Investment property for sale in Okoboji at 1302 Highway 71 N #33, Okoboji, IA, 51355 listed at $549,000 pairs $1,620/mo rent with a $2,687/mo payment. Total monthly income runs $1,620/mo. Return on cash invested measures 7.14% in year one, and rental yield registers 3.54% at a $549,000 basis. Equity gained on principal adds $3,543/yr, and annual property appreciation at 5% supports $151,679 by year five. Five-year ROI tracks 34.72% and total cumulative return in cash totals $62,708. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,620/mo property income relative to a $2,687/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).