3250 Gilbertville Rd,Evansdale,IA,50707

Investment Highlights

Investment property for sale in Evansdale at 3250 Gilbertville Rd, Evansdale, IA, 50707 listed at $268,460 pairs $1,760/mo rent with a $1,314/mo payment to leave $16/mo cash flow. Total monthly income runs $1,760/mo, and annual cash flow reaches $198/yr on $88,994 cash to close. Return on cash invested measures 20.13% in year one, and rental yield registers 7.87% at a $268,460 basis. Equity gained on principal adds $1,732/yr, and annual property appreciation at 5% supports $74,171 by year five. Five-year ROI tracks 104.46% and total cumulative return in cash totals $92,962. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,760/mo property income relative to a $1,314/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).