2012 Ashmore DrAmesIA50014
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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 Ames at 2012 Ashmore Dr, Ames, IA, 50014 generates $2,450/mo in rent, after a $2,075/mo payment. Total monthly income is $2,450/mo. Return on cash invested sits at 17.32% in year one, and rental yield is 6.94% on a $423,850 entry. Equity gained on principal adds $2,735/yr, while 5% annual appreciation builds toward $117,102 over five years. Five-year ROI reaches 89.35% and total cumulative return in cash sums $125,548. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,450/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.38 Acres lot
$N/A/sqft
No HOA
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Listed by: Babatunde Agbaje • CENTURY 21 SIGNATURE-Ames
Mls Name: CIBR
Mls Provider:
Mls ID: #67895
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.