2621 University Ave,Waterloo,IA,50701

Investment Highlights

Investment property for sale in Waterloo at 2621 University Ave, Waterloo, IA, 50701 listed at $164,900 pairs $1,187/mo rent with a $807/mo payment to leave $116/mo cash flow. Total monthly income runs $1,187/mo, and annual cash flow reaches $1,394/yr on $54,664 cash to close. Return on cash invested measures 22.46% in year one, and rental yield registers 8.64% at a $164,900 basis. Equity gained on principal adds $1,064/yr, and annual property appreciation at 5% supports $45,559 by year five. Five-year ROI tracks 117.01% and total cumulative return in cash totals $63,964. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,187/mo property income relative to a $807/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).