1511 Aspen Dr,Adel,IA,50003

Investment Highlights

Investment property for sale in Adel at 1511 Aspen Dr, Adel, IA, 50003 uses $114,334 cash to close to unlock $482/yr annual cash flow and $40/mo monthly cash flow. Total monthly income runs $2,280/mo, and a $1,688/mo payment keeps the spread at $40/mo. Purchase price stands at $344,900, and rental yield measures 7.93% with $2,280/mo rent. Return on cash invested shows 20.33% in year one, and 5% annual appreciation builds toward $95,290 over five years. Five-year ROI reaches 105.53% and total cumulative return in cash records $120,657. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,280/mo property income covering a $1,688/mo payment rather than investor’s personal income.