University Plan, Gardner Addition,Waterloo,IA,50701

Investment Highlights

Rental property for sale in Waterloo at University Plan, Gardner Addition, Waterloo, IA, 50701 offers $1,350/mo rent that, after a $1,833/mo payment. Total monthly income is $1,350/mo. Return on cash invested measures 9.45% in year one, and rental yield stands at 4.33% at a $374,500 entry. Equity gained on principal adds $2,417/yr while 5% annual appreciation compounds into $103,467 by year five. Five-year ROI records 47.14% and total cumulative return in cash reaches $58,526. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,350/mo property income versus a $1,833/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.