121 S Franklin Ave,Ames,IA,50014

Investment Highlights

Rental property for sale in Ames at 121 S Franklin Ave, Ames, IA, 50014 priced at $110,000 pairs $851/mo rent with $137/mo cash flow after a $538/mo payment. Total monthly income equals $851/mo, and annual cash flow comes to $1,644/yr on $36,465 invested. Return on cash invested is 24.42% in year one, and rental yield stands at 9.28% on a $110,000 basis. Equity gained on principal adds $710/yr, and 5% annual appreciation accumulates to $30,391 by year five. Five-year ROI measures 127.45% and total cumulative return in cash reaches $46,476. For financing, Ziffy Mortgage’s DSCR program evaluates $851/mo property income against a $538/mo payment instead of your W2s, 1099s, or Tax returns.