1782 300th St,Madrid,IA,50156

Investment Highlights

Investment property for sale in Madrid at 1782 300th St, Madrid, IA, 50156 listed at $564,900 pairs $1,501/mo rent with a $2,765/mo payment. Total monthly income runs $1,501/mo. Return on cash invested measures 6.06% in year one, and rental yield registers 3.19% at a $564,900 basis. Equity gained on principal adds $3,645/yr, and annual property appreciation at 5% supports $156,071 by year five. Five-year ROI tracks 28.98% and total cumulative return in cash totals $53,864. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,501/mo property income relative to a $2,765/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).