1805 SW White Birch Cir UNIT 9AnkenyIA50023
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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 1805 SW White Birch Cir UNIT 9, Ankeny, IA, 50023 generates $1,747/mo in rent and, after a $905/mo payment, leaves $306/mo in cash flow. Total monthly income is $1,747/mo, and annual cash flow is $3,672/yr on $61,328 invested. Return on cash invested sits at 25.9% in year one, and rental yield is 11.33% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 137.03% and total cumulative return in cash sums $84,039. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,747/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$240 monthly HOA
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Listed by: Leslie Uzel • Agency Iowa
Mls Name: DMMLS
Mls Provider:
Mls ID: #715402
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