213 SW Des Moines St, Ankeny, IA, 50023 | $269/mo Cash Flow

For Sale

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

Investment property for sale in Ankeny at 213 SW Des Moines St, Ankeny, IA, 50023 offers a 9.2% rental yield on a $230,000 purchase with $1,763/mo rent. Total monthly income registers $1,763/mo, and a $1,126/mo payment leaves $269/mo available for distribution. Annual cash flow reaches $3,228/yr on $76,245 to close, and return on cash invested stands at 24.14% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Portfolio math shows five-year ROI at 125.95% and total cumulative return in cash at $96,031. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,763/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1961

6,350 sqft lot

$N/A/sqft

No HOA