328 Lawrence Ave,Evansdale,IA,50707

Investment Highlights

Rental property for sale in Evansdale at 328 Lawrence Ave, Evansdale, IA, 50707 priced at $109,900 pairs $1,066/mo rent with $352/mo cash flow after a $538/mo payment. Total monthly income equals $1,066/mo, and annual cash flow comes to $4,226/yr on $36,432 invested. Return on cash invested is 31.51% in year one, and rental yield stands at 11.64% on a $109,900 basis. Equity gained on principal adds $709/yr, and 5% annual appreciation accumulates to $30,363 by year five. Five-year ROI measures 165.56% and total cumulative return in cash reaches $60,316. For financing, Ziffy Mortgage’s DSCR program evaluates $1,066/mo property income against a $538/mo payment instead of your W2s, 1099s, or Tax returns.