1505 S 14th St,Adel,IA,50003

Investment Highlights

Rental property for sale in Adel at 1505 S 14th St, Adel, IA, 50003 generates $2,280/mo in rent and, after a $1,297/mo payment, leaves $559/mo in cash flow. Total monthly income is $2,280/mo, and annual cash flow is $6,708/yr on $87,848 invested. Return on cash invested sits at 27.54% in year one, and rental yield is 10.32% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 144.17% and total cumulative return in cash sums $126,651. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,280/mo property income rather than buyer’s personal income.