1505 Little Bluestem Ct UNIT 109AmesIA50014
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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 1505 Little Bluestem Ct UNIT 109, Ames, IA, 50014 earns $208/mo cash flow from $1,812/mo rent with a $1,096/mo payment. Total monthly income totals $1,812/mo, and annual cash flow totals $2,491/yr on $74,256 capital. ROI tracks 23.26% on current figures, and rental yield reads 9.71% at a $224,000 purchase. Equity gained on principal adds $1,445/yr, and 5% annual appreciation supports $61,887 over five years. Five-year ROI reaches 122.12% and total cumulative return in cash sums $90,679. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,812/mo property income instead of your personal income.
Condo
Built in 1980
1,733 sqft lot
$N/A/sqft
$150 monthly HOA
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Listed by: Adam Bentz • Agency Iowa
Mls Name: DMMLS
Mls Provider:
Mls ID: #725864
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.