Hoover Plan, Eagle Vista,Adel,IA,50003

Investment Highlights

Investment property for sale in Adel at Hoover Plan, Eagle Vista, Adel, IA, 50003 uses $99,616 cash to close to unlock $3,938/yr annual cash flow and $328/mo monthly cash flow. Total monthly income runs $2,280/mo, and a $1,471/mo payment keeps the spread at $328/mo. Purchase price stands at $300,500, and rental yield measures 9.1% with $2,280/mo rent. Return on cash invested shows 23.86% in year one, and 5% annual appreciation builds toward $83,023 over five years. Five-year ROI reaches 124.48% and total cumulative return in cash records $123,997. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,280/mo property income covering a $1,471/mo payment rather than investor’s personal income.