2232 NW Bayberry LnAnkenyIA50023
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Ankeny at 2232 NW Bayberry Ln, Ankeny, IA, 50023 offers $2,106/mo rent that, after a $1,285/mo payment, leaves $146/mo cash flow. Total monthly income is $2,106/mo, and annual cash flow is $1,752/yr on $87,019 cash. Return on cash invested measures 21.92% in year one, and rental yield stands at 9.63% at a $262,500 entry. Equity gained on principal adds $1,694/yr while 5% annual appreciation compounds into $72,524 by year five. Five-year ROI records 115.31% and total cumulative return in cash reaches $100,342. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,106/mo property income versus a $1,285/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2007
2,439 sqft lot
$N/A/sqft
$255 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Catina Osborne • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #715730
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.