1009/1011 N Dakota AveAmesIA50014
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Ames at 1009/1011 N Dakota Ave, Ames, IA, 50014 earns from $1,135/mo rent with a $1,255/mo payment. Total monthly income totals $1,135/mo. ROI tracks 12.42% on current figures, and rental yield reads 5.31% at a $256,500 purchase. Equity gained on principal adds $1,655/yr, and 5% annual appreciation supports $70,866 over five years. Five-year ROI reaches 63.11% and total cumulative return in cash sums $53,663. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,135/mo property income instead of your personal income.
Multi Family
Built in 1979
6,969 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jared Van Cleave • CENTURY 21 SIGNATURE-Ames
Mls Name: CIBR
Mls Provider:
Mls ID: #65155
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.