762 Brookside Ave,Evansdale,IA,50707

Investment Highlights

Rental property for sale in Evansdale at 762 Brookside Ave, Evansdale, IA, 50707 generates $1,862/mo in rent and, after a $1,199/mo payment, leaves $271/mo in cash flow. Total monthly income is $1,862/mo, and annual cash flow is $3,254/yr on $81,184 invested. Return on cash invested sits at 23.92% in year one, and rental yield is 9.12% on a $244,900 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation builds toward $67,661 over five years. Five-year ROI reaches 124.79% and total cumulative return in cash sums $101,309. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,862/mo property income rather than buyer’s personal income.