255 Letsch Rd,Waterloo,IA,50701

Investment Highlights

Investment property for sale in Waterloo at 255 Letsch Rd, Waterloo, IA, 50701 at $250,000 posts ROI 31.87% with $826/mo cash flow from $2,464/mo rent. Total monthly income equals $2,464/mo, and annual cash flow records $9,915/yr on $82,875 to close. Return on cash invested measures 31.87% and rental yield reads 11.83% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 167.5% and total cumulative return in cash totals $138,814.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,464/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).