1641 SW Arlan 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 1641 SW Arlan Dr, Ankeny, IA, 50023 priced at $362,750 converts $2,605/mo rent into $189/mo cash flow after a $1,775/mo obligation. Total monthly income equals $2,605/mo, and annual cash flow totals $2,264/yr on $120,252 invested. Return on cash invested prints 21.79% in year one, and rental yield reads 8.62% against a $362,750 entry. Equity gained on principal adds $2,341/yr, while 5% annual appreciation compiles into $100,221 by year five. Five-year ROI reaches 113.56% and total cumulative return in cash sums $136,557. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,605/mo property income covering a $1,775/mo payment, not borrower’s personal income.
Single Family
Built in 2013
4,486 sqft lot
$N/A/sqft
$115 annually HOA
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Listed by: Jill Budden • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #713401
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.