1110 Delaware AveAmesIA50014
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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 1110 Delaware Ave, Ames, IA, 50014 priced at $299,900 pairs $1,660/mo rent with after a $1,468/mo payment. Total monthly income equals $1,660/mo. Return on cash invested is 16.43% in year one, and rental yield stands at 6.64% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 84.64% and total cumulative return in cash reaches $84,148. For financing, Ziffy Mortgage’s DSCR program evaluates $1,660/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1880
0.61 Acres lot
$N/A/sqft
No HOA
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Listed by: Jared Van Cleave • CENTURY 21 SIGNATURE-Ames
Mls Name: CIBR
Mls Provider:
Mls ID: #65676
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.