1517 Little Bluestem Ct #A12AmesIA50014
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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 1517 Little Bluestem Ct #A12, Ames, IA, 50014 uses $62,985 cash to close to unlock $2,678/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $1,478/mo, and a $930/mo payment keeps the spread at $223/mo. Purchase price stands at $190,000, and rental yield measures 9.33% with $1,478/mo rent. Return on cash invested shows 24.16% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 126.26% and total cumulative return in cash records $79,524. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,478/mo property income covering a $930/mo payment rather than investor’s personal income.
Townhouse
Built in 1988
6,098 sqft lot
$N/A/sqft
$250 annually HOA
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Listed by: Collin Fett • RE/MAX REAL ESTATE CENTER
Mls Name: CIBR
Mls Provider:
Mls ID: #66993
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.