Terrace Plan, Southbridge,Adel,IA,50003

Investment Highlights

Investment property for sale in Adel at Terrace Plan, Southbridge, Adel, IA, 50003 at $243,000 posts ROI 26.88% with $468/mo cash flow from $2,046/mo rent. Total monthly income equals $2,046/mo, and annual cash flow records $5,618/yr on $80,555 to close. Return on cash invested measures 26.88% and rental yield reads 10.1% at the current $243,000. Equity gained on principal adds $1,568/yr, and 5% annual appreciation supports $67,136 by year five. Five-year ROI prints 140.7% and total cumulative return in cash totals $113,336.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,046/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).