2405 N Dakota AveAmesIA50014
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 2405 N Dakota Ave, Ames, IA, 50014 in Ames worth study. Rental yield 4.77%. The 4.77% gross yield is below cash-flow benchmarks at $975,000, but 5% annual appreciation, adding $269,375 over five years, frames this as a capital growth position. Rent of $3,872/mo partially offsets the $4,384/mo payment. Ziffy Mortgage finances appreciation-play properties (0.88 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $212,693.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 6.8% |
| Monthly Cash Flow | $(2,460) | $450 |
City averages based on Ames market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,872 |
| Total Monthly Debt Service | $5,944 |
| DSCR Ratio | 0.65x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2017
2 Acres lot
$N/A/sqft
No HOA
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
Single Family
Built in 2017
2 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Real Estate Team, Jennings • RE/MAX REAL ESTATE CENTER
Mls Name: CIBR
Mls Provider:
Mls ID: #67429
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.