209 NE Doe Pointe LnAnkenyIA50021
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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 209 NE Doe Pointe Ln, Ankeny, IA, 50021 priced at $269,900 pairs $1,810/mo rent with $57/mo cash flow after a $1,321/mo payment. Total monthly income equals $1,810/mo, and annual cash flow comes to $686/yr on $89,472 invested. Return on cash invested is 20.68% in year one, and rental yield stands at 8.05% on a $269,900 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,568 by year five. Five-year ROI measures 107.4% and total cumulative return in cash reaches $96,090. For financing, Ziffy Mortgage’s DSCR program evaluates $1,810/mo property income against a $1,321/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2025
1,832 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50021, Ankeny, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,241 (100%) |
| Owner Occupied HU | 9,358 (70.7%) |
| Renter Occupied HU | 3,177 (24.0%) |
| Vacant Housing Units | 706 ( 5.3%) |
| Median Home Value | $345,766 |
| Average Home Value | $362,006 |
Housing Distribution
Address Breakdown
Residential
13,385
Single Family
11,141
Multi-Family
2,244
Businesses
1,021
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