1422 Idaho 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 1422 Idaho Ave, Ames, IA, 50014 offers a 6.11% rental yield on a $350,000 purchase with $1,783/mo rent. 84% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 76.05% and total cumulative return in cash at $88,238. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,783/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1987
8,250 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Stephen Bock • RE/MAX REC
Mls Name: DMMLS
Mls Provider:
Mls ID: #715373
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