2105 NW 31st StAnkenyIA50023
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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 2105 NW 31st St, Ankeny, IA, 50023 listed at $615,000 pairs $3,501/mo rent with a $3,010/mo payment. Total monthly income runs $3,501/mo. Return on cash invested measures 16.35% in year one, and rental yield registers 6.83% at a $615,000 basis. Equity gained on principal adds $3,969/yr, and annual property appreciation at 5% supports $169,913 by year five. Five-year ROI tracks 84.42% and total cumulative return in cash totals $170,813. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,501/mo property income relative to a $3,010/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2016
0.28 Acres lot
$N/A/sqft
$254 annually HOA
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Listed by: Traci Jennings • RE/MAX Real Estate Center
Mls Name: DMMLS
Mls Provider:
Mls ID: #720808
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.