610 Wallgate Ave,Waterloo,IA,50701

Investment Highlights

Investment property for sale in Waterloo at 610 Wallgate Ave, Waterloo, IA, 50701 at $234,900 posts ROI 27.72% with $507/mo cash flow from $2,033/mo rent. Total monthly income equals $2,033/mo, and annual cash flow records $6,086/yr on $77,869 to close. Return on cash invested measures 27.72% and rental yield reads 10.39% at the current $234,900. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,899 by year five. Five-year ROI prints 145.21% and total cumulative return in cash totals $113,073.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,033/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).