334 5th Ave SE,Le Mars,IA,51031

Investment Highlights

Investment property for sale in Le Mars at 334 5th Ave SE, Le Mars, IA, 51031 listed at $214,500 pairs $1,828/mo rent with a $1,050/mo payment to leave $435/mo cash flow. Total monthly income runs $1,828/mo, and annual cash flow reaches $5,218/yr on $71,107 cash to close. Return on cash invested measures 27.25% in year one, and rental yield registers 10.23% at a $214,500 basis. Equity gained on principal adds $1,384/yr, and annual property appreciation at 5% supports $59,262 by year five. Five-year ROI tracks 142.6% and total cumulative return in cash totals $101,400. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,828/mo property income relative to a $1,050/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).