20 Park Village Ct,Le Mars,IA,51031

Investment Highlights

Rental property for sale in Le Mars at 20 Park Village Ct, Le Mars, IA, 51031 generates $1,423/mo in rent and, after a $1,059/mo payment, leaves $18/mo in cash flow. Total monthly income is $1,423/mo, and annual cash flow is $215/yr on $71,703 invested. Return on cash invested sits at 20.21% in year one, and rental yield is 7.89% on a $216,300 entry. Equity gained on principal adds $1,396/yr, while 5% annual appreciation builds toward $59,760 over five years. Five-year ROI reaches 104.85% and total cumulative return in cash sums $75,181. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,423/mo property income rather than buyer’s personal income.