1026 Florida Ave, Ames, IA, 50014 | $348/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1373 sft

5314 Schubert St, Ames, IA, 50014

3 Bed
3 Bath
1205 sft

1608 Wheeler Dr, Ames, IA, 50010

4 Bed
3 Bath
1920 sft

3331 380th St, Stratford, IA, 50249

3 Bed
2 Bath
1166 sft

Hoover Plan, The Grove Landing, Ankeny, IA, 50023

Nearby investment properties with comparable prices

3 Bed
2 Bath
1166 sft

4313 NW 17th St, Ankeny, IA, 50023

3 Bed
2 Bath
1112 sft

503 E 5th St, Huxley, IA, 50124

3 Bed
3 Bath
1428 sft

Adams Plan, The Grove Landing, Ankeny, IA, 50023

3 Bed
4 Bath
1695 sft

2706 Hampton St, Ames, IA, 50010

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Ames at 1026 Florida Ave, Ames, IA, 50014 earns $348/mo cash flow from $2,686/mo rent with a $1,762/mo payment. Total monthly income totals $2,686/mo, and annual cash flow totals $4,176/yr on $119,340 capital. ROI tracks 23.41% on current figures, and rental yield reads 8.95% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 121.99% and total cumulative return in cash sums $145,581. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,686/mo property income instead of your personal income.

Single Family

Built in 1993

8,746 sqft lot

$N/A/sqft

No HOA