1204 NW 26th St, Ankeny, IA, 50023 | $679/mo Cash Flow

For Sale

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ankeny at 1204 NW 26th St, Ankeny, IA, 50023 uses $127,628 cash to close to unlock $8,148/yr annual cash flow and $679/mo monthly cash flow. Total monthly income runs $3,179/mo, and a $1,884/mo payment keeps the spread at $679/mo. Purchase price stands at $385,000, and rental yield measures 9.91% with $3,179/mo rent. Return on cash invested shows 26.29% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 137.46% and total cumulative return in cash records $175,438. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,179/mo property income covering a $1,884/mo payment rather than investor’s personal income.

Single Family

Built in 2006

8,886 sqft lot

$N/A/sqft

No HOA