2314 NW Park Meadows DrAnkenyIA50023
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 2314 NW Park Meadows Dr, Ankeny, IA, 50023 generates $3,635/mo in rent and, after a $2,117/mo payment, leaves $775/mo in cash flow. Total monthly income is $3,635/mo, and annual cash flow is $9,298/yr on $143,374 invested. Return on cash invested sits at 26.39% in year one, and rental yield is 10.09% on a $432,500 entry. Equity gained on principal adds $2,791/yr, while 5% annual appreciation builds toward $119,492 over five years. Five-year ROI reaches 138.16% and total cumulative return in cash sums $198,091. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,635/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
10,001 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kurt Clements • ListWithFreedom.com
Mls Name: DMMLS
Mls Provider:
Mls ID: #722612
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.