2318 Butler Dr,Adel,IA,50003

Investment Highlights

Investment property for sale in Adel at 2318 Butler Dr, Adel, IA, 50003 listed at $367,990 pairs $2,728/mo rent with a $1,801/mo payment to leave $338/mo cash flow. Total monthly income runs $2,728/mo, and annual cash flow reaches $4,059/yr on $121,989 cash to close. Return on cash invested measures 23.24% in year one, and rental yield registers 8.9% at a $367,990 basis. Equity gained on principal adds $2,375/yr, and annual property appreciation at 5% supports $101,669 by year five. Five-year ROI tracks 121.1% and total cumulative return in cash totals $147,730. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,728/mo property income relative to a $1,801/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).