535 Glencoe Ave,Waterloo,IA,50701

Investment Highlights

Investment property for sale in Waterloo at 535 Glencoe Ave, Waterloo, IA, 50701 offers a 9.31% rental yield on a $185,000 purchase with $1,435/mo rent. Total monthly income registers $1,435/mo, and a $905/mo payment leaves $234/mo available for distribution. Annual cash flow reaches $2,808/yr on $61,328 to close, and return on cash invested stands at 24.49% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 127.78% and total cumulative return in cash at $78,363. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,435/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.