1101 NW 33rd LnAnkenyIA50023
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1101 NW 33rd Ln, Ankeny, IA, 50023 in Ankeny at $247,000 earns $1,933/mo in rent and nets $169/mo after the $1,111/mo payment, a 9.39% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $68,242 over five years. Ziffy Mortgage underwrites this on a 1.74 DSCR without U.S. credit history. With $2,275/yr in principal paydown, total projected return reaches $105,540.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 7.2% |
| Monthly Cash Flow | $169 | $850 |
City averages based on Ankeny market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,933 |
| Total Monthly Debt Service | $1,666 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2021
1,393 sqft lot
$N/A/sqft
$150 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2021
1,393 sqft lot
$N/A/sqft
$150 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angel Carman • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #732149
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