2402 Butler Dr,Adel,IA,50003

Investment Highlights

Investment property for sale in Adel at 2402 Butler Dr, Adel, IA, 50003 listed at $349,990 pairs $3,017/mo rent with a $1,713/mo payment to leave $744/mo cash flow. Total monthly income runs $3,017/mo, and annual cash flow reaches $8,928/yr on $116,022 cash to close. Return on cash invested measures 27.6% in year one, and rental yield registers 10.34% at a $349,990 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,696 by year five. Five-year ROI tracks 144.55% and total cumulative return in cash totals $167,711. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,017/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).