726 Gillette Ave,Cresco,IA,52136

Investment Highlights

Investment property for sale in Cresco at 726 Gillette Ave, Cresco, IA, 52136 uses $59,803 cash to close to unlock $2,800/yr annual cash flow and $233/mo monthly cash flow. Total monthly income runs $1,405/mo, and a $883/mo payment keeps the spread at $233/mo. Purchase price stands at $180,400, and rental yield measures 9.35% with $1,405/mo rent. Return on cash invested shows 24.59% in year one, and 5% annual appreciation builds toward $49,841 over five years. Five-year ROI reaches 128.4% and total cumulative return in cash records $76,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,405/mo property income covering a $883/mo payment rather than investor’s personal income.