2607 Knapp St, Ames, IA, 50014 | $1,026/mo Cash Flow

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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

Investment property for sale in Ames at 2607 Knapp St, Ames, IA, 50014 uses $79,096 cash to close to unlock $12,315/yr annual cash flow and $1,026/mo monthly cash flow. Total monthly income runs $2,576/mo, and a $1,168/mo payment keeps the spread at $1,026/mo. Purchase price stands at $238,600, and rental yield measures 12.96% with $2,576/mo rent. Return on cash invested shows 35.48% in year one, and 5% annual appreciation builds toward $65,921 over five years. Five-year ROI reaches 186.77% and total cumulative return in cash records $147,727. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,576/mo property income covering a $1,168/mo payment rather than investor’s personal income.

Single Family

Built in 1921

8,712 sqft lot

$N/A/sqft

No HOA