221 2nd Ave SE,Le Mars,IA,51031

Investment Highlights

Investment property for sale in Le Mars at 221 2nd Ave SE, Le Mars, IA, 51031 at $206,020 posts ROI 31.95% with $685/mo cash flow from $2,023/mo rent. Total monthly income equals $2,023/mo, and annual cash flow records $8,224/yr on $68,296 to close. Return on cash invested measures 31.95% and rental yield reads 11.78% at the current $206,020. Equity gained on principal adds $1,329/yr, and 5% annual appreciation supports $56,920 by year five. Five-year ROI prints 167.86% and total cumulative return in cash totals $114,638.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,023/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).