244 Wema Ave,Evansdale,IA,50707

Investment Highlights

Investment property for sale in Evansdale at 244 Wema Ave, Evansdale, IA, 50707 with 5% annual appreciation on a $149,000 basis while $1,126/mo rent supports operations. Total monthly income totals $1,126/mo and a $729/mo payment preserves $159/mo for cash returns. Annual cash flow comes to $1,903/yr on $49,394 deployed, and return on cash invested reaches 23.76% in year one. Equity gained on principal adds $961/yr, and five-year appreciation sums $41,166 alongside rental yield of 9.07%. Five-year ROI measures 123.91% and total cumulative return in cash totals $61,204.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,126/mo property income versus a $729/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.