1613 NW Benjamin DrAnkenyIA50023
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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
Rental property for sale in Ankeny at 1613 NW Benjamin Dr, Ankeny, IA, 50023 generates $2,768/mo in rent and, after a $1,909/mo payment, leaves $218/mo in cash flow. Total monthly income is $2,768/mo, and annual cash flow is $2,620/yr on $129,285 invested. Return on cash invested sits at 21.94% in year one, and rental yield is 8.52% on a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 114.18% and total cumulative return in cash sums $147,620. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,768/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
8,450 sqft lot
$N/A/sqft
$200 annually HOA
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Listed by: Cody Bilyeu • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #727128
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.