1808 NW Ashton Ln UNIT 4AnkenyIA50023
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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 Ankeny at 1808 NW Ashton Ln UNIT 4, Ankeny, IA, 50023 offers a 9.83% rental yield on a $221,900 purchase with $1,817/mo rent. Total monthly income registers $1,817/mo, and a $1,086/mo payment leaves $162/mo available for distribution. Annual cash flow reaches $1,944/yr on $73,560 to close, and return on cash invested stands at 22.55% in year one. Equity gained on principal adds $1,432/yr while 5% annual appreciation supports $61,307 over five years. Portfolio math shows five-year ROI at 118.67% and total cumulative return in cash at $87,296. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,817/mo property income against a $1,086/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
N/A lot
$N/A/sqft
$214 monthly HOA
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Listed by: Lisa Nielsen • LPT Realty, LLC
Mls Name: CIBR
Mls Provider:
Mls ID: #67305
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.