1305 NW Wagner BlvdAnkenyIA50023
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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 1305 NW Wagner Blvd, Ankeny, IA, 50023 listed at $369,000 pairs $2,451/mo rent with a $1,806/mo payment to leave $55/mo cash flow. Total monthly income runs $2,451/mo, and annual cash flow reaches $655/yr on $122,324 cash to close. Return on cash invested measures 20.44% in year one, and rental yield registers 7.97% at a $369,000 basis. Equity gained on principal adds $2,381/yr, and annual property appreciation at 5% supports $101,948 by year five. Five-year ROI tracks 106.13% and total cumulative return in cash totals $129,819. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,451/mo property income relative to a $1,806/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
10,236 sqft lot
$N/A/sqft
No HOA
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Listed by: Michael Hidder • LPT Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #720196
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.