335 Springer Ct,Madrid,IA,50156

Investment Highlights

Rental property for sale in Madrid at 335 Springer Ct, Madrid, IA, 50156 offers $1,063/mo rent that, after a $1,903/mo payment. Total monthly income is $1,063/mo. Return on cash invested measures 6.3% in year one, and rental yield stands at 3.28% at a $388,900 entry. Equity gained on principal adds $2,510/yr while 5% annual appreciation compounds into $107,446 by year five. Five-year ROI records 30.26% and total cumulative return in cash reaches $39,011. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,063/mo property income versus a $1,903/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.