Livingston Plan, Southbridge,Adel,IA,50003

Investment Highlights

Rental property for sale in Adel at Livingston Plan, Southbridge, Adel, IA, 50003 priced at $328,000 converts $2,698/mo rent into $568/mo cash flow after a $1,605/mo obligation. Total monthly income equals $2,698/mo, and annual cash flow totals $6,818/yr on $108,732 invested. Return on cash invested prints 26.18% in year one, and rental yield reads 9.87% against a $328,000 entry. Equity gained on principal adds $2,117/yr, while 5% annual appreciation compiles into $90,620 by year five. Five-year ROI reaches 136.89% and total cumulative return in cash sums $148,843. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,698/mo property income covering a $1,605/mo payment, not borrower’s personal income.