414 Plymouth St SE,Le Mars,IA,51031

Investment Highlights

Rental property for sale in Le Mars at 414 Plymouth St SE, Le Mars, IA, 51031 priced at $315,000 pairs $2,132/mo rent with $86/mo cash flow after a $1,542/mo payment. Total monthly income equals $2,132/mo, and annual cash flow comes to $1,032/yr on $104,423 invested. Return on cash invested is 20.9% in year one, and rental yield stands at 8.12% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 108.54% and total cumulative return in cash reaches $113,345. For financing, Ziffy Mortgage’s DSCR program evaluates $2,132/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.