805 Baldwin St,Harlan,IA,51537

Investment Highlights

Rental property for sale in Harlan at 805 Baldwin St, Harlan, IA, 51537 priced at $234,900 converts $1,630/mo rent into $104/mo cash flow after a $1,150/mo obligation. Total monthly income equals $1,630/mo, and annual cash flow totals $1,250/yr on $77,869 invested. Return on cash invested prints 21.51% in year one, and rental yield reads 8.33% against a $234,900 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,899 by year five. Five-year ROI reaches 111.89% and total cumulative return in cash sums $87,129. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,630/mo property income covering a $1,150/mo payment, not borrower’s personal income.