813 5th St SE,Oelwein,IA,50662

Investment Highlights

Investment property for sale in Oelwein at 813 5th St SE, Oelwein, IA, 50662 offers a 10.24% rental yield on a $177,000 purchase with $1,510/mo rent. Total monthly income registers $1,510/mo, and a $866/mo payment leaves $361/mo available for distribution. Annual cash flow reaches $4,330/yr on $58,676 to close, and return on cash invested stands at 27.29% in year one. Equity gained on principal adds $1,142/yr while 5% annual appreciation supports $48,902 over five years. Portfolio math shows five-year ROI at 142.83% and total cumulative return in cash at $83,807. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,510/mo property income against a $866/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.