315 Leland Ave,Waterloo,IA,50701

Investment Highlights

Investment property for sale in Waterloo at 315 Leland Ave, Waterloo, IA, 50701 listed at $109,900 pairs $872/mo rent with a $538/mo payment to leave $158/mo cash flow. Total monthly income runs $872/mo, and annual cash flow reaches $1,898/yr on $36,432 cash to close. Return on cash invested measures 25.12% in year one, and rental yield registers 9.52% at a $109,900 basis. Equity gained on principal adds $709/yr, and annual property appreciation at 5% supports $30,363 by year five. Five-year ROI tracks 131.34% and total cumulative return in cash totals $47,848. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $872/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).