724 Kirkwood Ave,Waterloo,IA,50701

Investment Highlights

Rental property for sale in Waterloo at 724 Kirkwood Ave, Waterloo, IA, 50701 priced at $169,900 converts $1,300/mo rent into $196/mo cash flow after a $832/mo obligation. Total monthly income equals $1,300/mo, and annual cash flow totals $2,354/yr on $56,322 invested. Return on cash invested prints 24.09% in year one, and rental yield reads 9.18% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 125.75% and total cumulative return in cash sums $70,826. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,300/mo property income covering a $832/mo payment, not borrower’s personal income.