Eisenhower C Plan, Eagle Vista,Adel,IA,50003

Investment Highlights

Rental property for sale in Adel at Eisenhower C Plan, Eagle Vista, Adel, IA, 50003 priced at $307,500 converts $2,363/mo rent into $366/mo cash flow after a $1,505/mo obligation. Total monthly income equals $2,363/mo, and annual cash flow totals $4,392/yr on $101,936 invested. Return on cash invested prints 24.22% in year one, and rental yield reads 9.22% against a $307,500 entry. Equity gained on principal adds $1,984/yr, while 5% annual appreciation compiles into $84,957 by year five. Five-year ROI reaches 126.34% and total cumulative return in cash sums $128,787. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,363/mo property income covering a $1,505/mo payment, not borrower’s personal income.