533 12th Ave SW,Le Mars,IA,51031

Investment Highlights

Investment property for sale in Le Mars at 533 12th Ave SW, Le Mars, IA, 51031 uses $114,533 cash to close to unlock $1,742/yr annual cash flow and $145/mo monthly cash flow. Total monthly income runs $2,389/mo, and a $1,691/mo payment keeps the spread at $145/mo. Purchase price stands at $345,500, and rental yield measures 8.3% with $2,389/mo rent. Return on cash invested shows 21.43% in year one, and 5% annual appreciation builds toward $95,455 over five years. Five-year ROI reaches 111.43% and total cumulative return in cash records $127,625. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,389/mo property income covering a $1,691/mo payment rather than investor’s personal income.