4125 NE 150th Ave,Elkhart,IA,50073

Investment Highlights

Investment property for sale in Elkhart at 4125 NE 150th Ave, Elkhart, IA, 50073 listed at $224,900 pairs $1,909/mo rent with a $1,101/mo payment to leave $448/mo cash flow. Total monthly income runs $1,909/mo, and annual cash flow reaches $5,378/yr on $74,554 cash to close. Return on cash invested measures 27.12% in year one, and rental yield registers 10.19% at a $224,900 basis. Equity gained on principal adds $1,451/yr, and annual property appreciation at 5% supports $62,136 by year five. Five-year ROI tracks 142% and total cumulative return in cash totals $105,865. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,909/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).