27 4th Ave NE,Le Mars,IA,51031

Investment Highlights

Investment property for sale in Le Mars at 27 4th Ave NE, Le Mars, IA, 51031 offers a 10.63% rental yield on a $219,900 purchase with $1,948/mo rent. Total monthly income registers $1,948/mo, and a $1,076/mo payment leaves $520/mo available for distribution. Annual cash flow reaches $6,242/yr on $72,897 to close, and return on cash invested stands at 28.47% in year one. Equity gained on principal adds $1,419/yr while 5% annual appreciation supports $60,754 over five years. Portfolio math shows five-year ROI at 149.21% and total cumulative return in cash at $108,772. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,948/mo property income against a $1,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.