1231 NW 33rd LnAnkenyIA50023
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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
Investment property for sale in Ankeny at 1231 NW 33rd Ln, Ankeny, IA, 50023 listed at $249,900 pairs $1,889/mo rent with a $1,223/mo payment to leave $116/mo cash flow. Total monthly income runs $1,889/mo, and annual cash flow reaches $1,394/yr on $82,842 cash to close. Return on cash invested measures 21.59% in year one, and rental yield registers 9.07% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 113.11% and total cumulative return in cash totals $93,698. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,889/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2022
1,393 sqft lot
$N/A/sqft
$150 monthly HOA
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Listed by: Houseman, Brittney • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #715202
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