Hansbury Plan, Southbridge,Adel,IA,50003

Investment Highlights

Rental property for sale in Adel at Hansbury Plan, Southbridge, Adel, IA, 50003 priced at $340,000 converts $3,061/mo rent into $853/mo cash flow after a $1,664/mo obligation. Total monthly income equals $3,061/mo, and annual cash flow totals $10,236/yr on $112,710 invested. Return on cash invested prints 28.99% in year one, and rental yield reads 10.8% against a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,936 by year five. Five-year ROI reaches 151.94% and total cumulative return in cash sums $171,246. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,061/mo property income covering a $1,664/mo payment, not borrower’s personal income.