313 N 17th St,Adel,IA,50003

Investment Highlights

Investment property for sale in Adel at 313 N 17th St, Adel, IA, 50003 listed at $250,000 pairs $1,855/mo rent with a $1,224/mo payment to leave $231/mo cash flow. Total monthly income runs $1,855/mo, and annual cash flow reaches $2,772/yr on $82,875 cash to close. Return on cash invested measures 23.25% in year one, and rental yield registers 8.9% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 121.18% and total cumulative return in cash totals $100,426. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,855/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).