55 17th St SE,Le Mars,IA,51031

Investment Highlights

Investment property for sale in Le Mars at 55 17th St SE, Le Mars, IA, 51031 listed at $383,500 pairs $1,715/mo rent with a $1,877/mo payment. Total monthly income runs $1,715/mo. Return on cash invested measures 12.59% in year one, and rental yield registers 5.37% at a $383,500 basis. Equity gained on principal adds $2,475/yr, and annual property appreciation at 5% supports $105,954 by year five. Five-year ROI tracks 63.99% and total cumulative return in cash totals $81,355. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,715/mo property income relative to a $1,877/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).