1040 Gaskill DrAmesIA50014
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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 1040 Gaskill Dr, Ames, IA, 50014 offers a 5.35% rental yield on a $439,900 purchase with $1,961/mo rent. 54% in year one. Equity gained on principal adds $2,839/yr while 5% annual appreciation supports $121,536 over five years. Portfolio math shows five-year ROI at 63.74% and total cumulative return in cash at $92,943. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,961/mo property income against a $2,153/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.38 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: AJ Spiker • Hunziker & Assoc.-Ames
Mls Name: CIBR
Mls Provider:
Mls ID: #67801
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.