507 Brady St,Minden,IA,51553

Investment Highlights

Rental property for sale in Minden at 507 Brady St, Minden, IA, 51553 offers $1,180/mo rent that, after a $1,003/mo payment. Total monthly income is $1,180/mo. Return on cash invested measures 17.24% in year one, and rental yield stands at 6.91% at a $205,000 entry. Equity gained on principal adds $1,323/yr while 5% annual appreciation compounds into $56,638 by year five. Five-year ROI records 88.92% and total cumulative return in cash reaches $60,426. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,180/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.