2045 NW Hickory LnAnkenyIA50023
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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 2045 NW Hickory Ln, Ankeny, IA, 50023 priced at $130,000 pairs $1,025/mo rent with $31/mo cash flow after a $636/mo payment. Total monthly income equals $1,025/mo, and annual cash flow comes to $372/yr on $43,095 invested. Return on cash invested is 20.77% in year one, and rental yield stands at 9.46% on a $130,000 basis. Equity gained on principal adds $839/yr, and 5% annual appreciation accumulates to $35,917 by year five. Five-year ROI measures 109.36% and total cumulative return in cash reaches $47,127. For financing, Ziffy Mortgage’s DSCR program evaluates $1,025/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1977
N/A lot
$N/A/sqft
$150 monthly HOA
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Listed by: Rodgers, Julianah • Caliber Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #715350
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.