1307 Indiana AveAmesIA50014
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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 Ames at 1307 Indiana Ave, Ames, IA, 50014 listed at $207,000 pairs $1,385/mo rent with a $1,013/mo payment to leave $26/mo cash flow. Total monthly income runs $1,385/mo, and annual cash flow reaches $317/yr on $68,621 cash to close. Return on cash invested measures 20.37% in year one, and rental yield registers 8.03% at a $207,000 basis. Equity gained on principal adds $1,336/yr, and annual property appreciation at 5% supports $57,190 by year five. Five-year ROI tracks 105.85% and total cumulative return in cash totals $72,634. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,385/mo property income relative to a $1,013/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1980
7,840 sqft lot
$N/A/sqft
$173 annually HOA
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Listed by: Brenda Pedigo-Weigel • Hunziker & Assoc.-Ames
Mls Name: CIBR
Mls Provider:
Mls ID: #67121
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.