2200 Hamilton Dr UNIT 703,Ames,IA,50014

Investment Highlights

Investment property for sale in Ames at 2200 Hamilton Dr UNIT 703, Ames, IA, 50014 listed at $103,900 pairs $781/mo rent with a $509/mo payment to leave $106/mo cash flow. Total monthly income runs $781/mo, and annual cash flow reaches $1,269/yr on $34,443 cash to close. Return on cash invested measures 23.59% in year one, and rental yield registers 9.02% at a $103,900 basis. Equity gained on principal adds $670/yr, and annual property appreciation at 5% supports $28,706 by year five. Five-year ROI tracks 123.03% and total cumulative return in cash totals $42,376. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $781/mo property income relative to a $509/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).