507 2nd St,Rippey,IA,50235

Investment Highlights

Rental property for sale in Rippey at 507 2nd St, Rippey, IA, 50235 offers $1,817/mo rent that, after a $954/mo payment, leaves $551/mo cash flow. Total monthly income is $1,817/mo, and annual cash flow is $6,612/yr on $64,643 cash. Return on cash invested measures 30.14% in year one, and rental yield stands at 11.18% at a $195,000 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,875 by year five. Five-year ROI records 158.09% and total cumulative return in cash reaches $102,190. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,817/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.