2122 SW 35th St,Ankeny,IA,50023

Investment Highlights

Investment property for sale in Ankeny at 2122 SW 35th St, Ankeny, IA, 50023 listed at $250,800 pairs $1,968/mo rent with a $1,228/mo payment to leave $339/mo cash flow. Total monthly income runs $1,968/mo, and annual cash flow reaches $4,065/yr on $83,140 cash to close. Return on cash invested measures 24.8% in year one, and rental yield registers 9.42% at a $250,800 basis. Equity gained on principal adds $1,618/yr, and annual property appreciation at 5% supports $69,291 by year five. Five-year ROI tracks 129.46% and total cumulative return in cash totals $107,637. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,968/mo property income relative to a $1,228/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).