138 W Schrock Rd,Waterloo,IA,50701

Investment Highlights

Rental property for sale in Waterloo at 138 W Schrock Rd, Waterloo, IA, 50701 offers $2,444/mo rent that, after a $2,863/mo payment. Total monthly income is $2,444/mo. Return on cash invested measures 11.61% in year one, and rental yield stands at 5.01% at a $585,000 entry. Equity gained on principal adds $3,775/yr while 5% annual appreciation compounds into $161,625 by year five. Five-year ROI records 58.72% and total cumulative return in cash reaches $113,010. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,444/mo property income versus a $2,863/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.