608 Wallgate Ave,Waterloo,IA,50701

Investment Highlights

Rental property for sale in Waterloo at 608 Wallgate Ave, Waterloo, IA, 50701 generates $2,033/mo in rent and, after a $1,150/mo payment, leaves $507/mo in cash flow. Total monthly income is $2,033/mo, and annual cash flow is $6,086/yr on $77,869 invested. Return on cash invested sits at 27.72% in year one, and rental yield is 10.39% on a $234,900 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 145.21% and total cumulative return in cash sums $113,073. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,033/mo property income rather than buyer’s personal income.