272 Spruce St,Allison,IA,50602

Investment Highlights

Investment property for sale in Allison at 272 Spruce St, Allison, IA, 50602 offers a 10.52% rental yield on a $129,999 purchase with $1,140/mo rent. Total monthly income registers $1,140/mo, and a $636/mo payment leaves $296/mo available for distribution. Annual cash flow reaches $3,552/yr on $43,095 to close, and return on cash invested stands at 28.15% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,916 over five years. Portfolio math shows five-year ROI at 147.42% and total cumulative return in cash at $63,530. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,140/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.