1080 NE 18th StAnkenyIA50021
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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
Total monthly income runs $4,397/mo, and a $6,338/mo payment. Purchase price stands at $1,295,000, and rental yield measures 4.07% with $4,397/mo rent. Return on cash invested shows 8.89% in year one, and 5% annual appreciation builds toward $357,785 over five years. Five-year ROI reaches 44.07% and total cumulative return in cash records $184,926. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,397/mo property income covering a $6,338/mo payment rather than investor’s personal income.
Single Family
Built in 1973
2.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50021, Ankeny, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,241 (100%) |
| Owner Occupied HU | 9,358 (70.7%) |
| Renter Occupied HU | 3,177 (24.0%) |
| Vacant Housing Units | 706 ( 5.3%) |
| Median Home Value | $345,766 |
| Average Home Value | $362,006 |
Housing Distribution
Address Breakdown
Residential
13,385
Single Family
11,141
Multi-Family
2,244
Businesses
1,021
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Listed by: RICK WANAMAKER • Iowa Realty Mills Crossing
Mls Name: DMMLS
Mls Provider:
Mls ID: #719172
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.