1114 Scott AveAmesIA50014
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1114 Scott Ave, Ames, IA, 50014 in Ames is a solid income-producing rental, 10.23% gross yield, $2,064/mo rent, $492/mo net cash flow on a $242,000 buy. DSCR 1.90 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $66,860 and $2,229/yr in principal reduction project a total cumulative return of $123,770.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.8% |
| Monthly Cash Flow | $492 | $450 |
City averages based on Ames market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,064 |
| Total Monthly Debt Service | $1,475 |
| DSCR Ratio | 1.40x |
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 1940
0.26 Acres lot
$N/A/sqft
No 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 1940
0.26 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paul Livingston • Hunziker & Assoc.-Ames
Mls Name: CIBR
Mls Provider:
Mls ID: #68328
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.