4662 Hoff Rd,Waterloo,IA,50701

Investment Highlights

Investment property for sale in Waterloo at 4662 Hoff Rd, Waterloo, IA, 50701 listed at $449,900 pairs $3,330/mo rent with a $2,202/mo payment to leave $408/mo cash flow. Total monthly income runs $3,330/mo, and annual cash flow reaches $4,898/yr on $149,142 cash to close. Return on cash invested measures 23.19% in year one, and rental yield registers 8.88% at a $449,900 basis. Equity gained on principal adds $2,903/yr, and annual property appreciation at 5% supports $124,299 by year five. Five-year ROI tracks 120.87% and total cumulative return in cash totals $180,274. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,330/mo property income relative to a $2,202/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).