220 SW Carriage Dr, Ankeny, IA, 50023 | $354/mo Cash Flow

Off market

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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

Rental property for sale in Ankeny at 220 SW Carriage Dr, Ankeny, IA, 50023 priced at $332,800 pairs $2,532/mo rent with $354/mo cash flow after a $1,629/mo payment. Total monthly income equals $2,532/mo, and annual cash flow comes to $4,242/yr on $110,323 invested. Return on cash invested is 23.75% in year one, and rental yield stands at 9.13% on a $332,800 basis. Equity gained on principal adds $2,148/yr, and 5% annual appreciation accumulates to $91,947 by year five. Five-year ROI measures 123.95% and total cumulative return in cash reaches $136,742. For financing, Ziffy Mortgage’s DSCR program evaluates $2,532/mo property income against a $1,629/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2002

4,922 sqft lot

$N/A/sqft

$17 monthly HOA