716 W 2nd St,Odebolt,IA,51458

Investment Highlights

Rental property for sale in Odebolt at 716 W 2nd St, Odebolt, IA, 51458 generates $1,184/mo in rent and, after a $631/mo payment, leaves $347/mo in cash flow. Total monthly income is $1,184/mo, and annual cash flow is $4,159/yr on $42,764 invested. Return on cash invested sits at 29.64% in year one, and rental yield is 11.01% on a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 155.43% and total cumulative return in cash sums $66,469. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,184/mo property income rather than buyer’s personal income.