Reagan Plan, Southbridge,Adel,IA,50003

Investment Highlights

Rental property for sale in Adel at Reagan Plan, Southbridge, Adel, IA, 50003 generates $2,658/mo in rent and, after a $1,884/mo payment, leaves $158/mo in cash flow. Total monthly income is $2,658/mo, and annual cash flow is $1,896/yr on $127,624 invested. Return on cash invested sits at 21.39% in year one, and rental yield is 8.28% on a $384,990 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,366 over five years. Five-year ROI reaches 111.24% and total cumulative return in cash sums $141,967. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,658/mo property income rather than buyer’s personal income.