1105 Oklahoma 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
Rental property for sale in Ames at 1105 Oklahoma Dr, Ames, IA, 50014 offers $3,338/mo rent that, after a $1,713/mo payment, leaves $1,065/mo cash flow. Total monthly income is $3,338/mo, and annual cash flow is $12,780/yr on $116,025 cash. Return on cash invested measures 30.92% in year one, and rental yield stands at 11.44% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 162.3% and total cumulative return in cash reaches $188,306. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,338/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
0.49 Acres lot
$N/A/sqft
No HOA
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Listed by: Nate Nerem • Nerem & Associates
Mls Name: CIBR
Mls Provider:
Mls ID: #67171
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.