2027 NW 24th St, Ankeny, IA, 50023 | $263/mo Cash Flow

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Ankeny at 2027 NW 24th St, Ankeny, IA, 50023 generates $2,926/mo in rent and, after a $2,007/mo payment, leaves $263/mo in cash flow. Total monthly income is $2,926/mo, and annual cash flow is $3,156/yr on $135,915 invested. Return on cash invested sits at 22.23% in year one, and rental yield is 8.56% on a $410,000 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 115.68% and total cumulative return in cash sums $157,223. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,926/mo property income rather than buyer’s personal income.

Single Family

Built in 2017

0.31 Acres lot

$N/A/sqft

No HOA