1417 Ann Ave,Adel,IA,50003

Investment Highlights

Investment property for sale in Adel at 1417 Ann Ave, Adel, IA, 50003 uses $66,267 cash to close to unlock $4,958/yr annual cash flow and $413/mo monthly cash flow. Total monthly income runs $1,711/mo, and a $978/mo payment keeps the spread at $413/mo. Purchase price stands at $199,900, and rental yield measures 10.27% with $1,711/mo rent. Return on cash invested shows 27.39% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 143.42% and total cumulative return in cash records $95,041. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,711/mo property income covering a $978/mo payment rather than investor’s personal income.