2817 Prairielight Dr #DV8OZY,Hiawatha,IA,52411

Investment Highlights

Investment property for sale in Hiawatha at 2817 Prairielight Dr #DV8OZY, Hiawatha, IA, 52411 listed at $349,000 pairs $3,319/mo rent with a $1,708/mo payment to leave $1,053/mo cash flow. Total monthly income runs $3,319/mo, and annual cash flow reaches $12,631/yr on $115,694 cash to close. Return on cash invested measures 30.83% in year one, and rental yield registers 11.41% at a $349,000 basis. Equity gained on principal adds $2,252/yr, and annual property appreciation at 5% supports $96,422 by year five. Five-year ROI tracks 161.8% and total cumulative return in cash totals $187,188. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,319/mo property income relative to a $1,708/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).