1230 SE Village View LnAnkenyIA50021
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowReliable, bankable, and well-priced, 1230 SE Village View Ln, Ankeny, IA, 50021 in Ankeny delivers $1,646/mo in gross rent and $497/mo in net monthly income at a $177,000 entry. The 11.16% yield and 2.07 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $48,902 over five years and $1,630/yr in equity from loan paydown, total projected return is $99,306.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 7.2% |
| Monthly Cash Flow | $497 | $850 |
City averages based on Ankeny market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,646 |
| Total Monthly Debt Service | $1,079 |
| DSCR Ratio | 1.53x |
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.
Condo
Built in 2003
522.72 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50021, Ankeny, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,241 (100%) |
| Owner Occupied HU | 9,358 (70.7%) |
| Renter Occupied HU | 3,177 (24.0%) |
| Vacant Housing Units | 706 ( 5.3%) |
| Median Home Value | $345,766 |
| Average Home Value | $362,006 |
Housing Distribution
Address Breakdown
Residential
13,385
Single Family
11,141
Multi-Family
2,244
Businesses
1,021
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
Condo
Built in 2003
522.72 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50021, Ankeny, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,241 (100%) |
| Owner Occupied HU | 9,358 (70.7%) |
| Renter Occupied HU | 3,177 (24.0%) |
| Vacant Housing Units | 706 ( 5.3%) |
| Median Home Value | $345,766 |
| Average Home Value | $362,006 |
Housing Distribution
Address Breakdown
Residential
13,385
Single Family
11,141
Multi-Family
2,244
Businesses
1,021
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices