212 W 7th St,Madrid,IA,50156

Investment Highlights

Investment property for sale in Madrid at 212 W 7th St, Madrid, IA, 50156 listed at $218,800 pairs $1,534/mo rent with a $1,071/mo payment to leave $85/mo cash flow. Total monthly income runs $1,534/mo, and annual cash flow reaches $1,025/yr on $72,532 cash to close. Return on cash invested measures 21.32% in year one, and rental yield registers 8.41% at a $218,800 basis. Equity gained on principal adds $1,412/yr, and annual property appreciation at 5% supports $60,450 by year five. Five-year ROI tracks 111.02% and total cumulative return in cash totals $80,526. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,534/mo property income relative to a $1,071/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).