Bourne Plan, Southbridge,Adel,IA,50003

Investment Highlights

Investment property for sale in Adel at Bourne Plan, Southbridge, Adel, IA, 50003 with 5% annual appreciation on a $270,000 basis while $2,591/mo rent supports operations. Total monthly income totals $2,591/mo and a $1,322/mo payment preserves $837/mo for cash returns. Annual cash flow comes to $10,044/yr on $89,505 deployed, and return on cash invested reaches 31.13% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,596 alongside rental yield of 11.52%. Five-year ROI measures 163.42% and total cumulative return in cash totals $146,269.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,591/mo property income versus a $1,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.