2615 SW 18th StAnkenyIA50023
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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
Investment Highlights
Investment property for sale in Ankeny at 2615 SW 18th St, Ankeny, IA, 50023 offers a 7.56% rental yield on a $420,000 purchase with $2,646/mo rent. 93% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,038 over five years. Portfolio math shows five-year ROI at 98.1% and total cumulative return in cash at $136,591. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,646/mo property income against a $2,056/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
8,624 sqft lot
$N/A/sqft
$115 annually HOA
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Nearby investment properties with comparable prices
Listed by: Marce Peters • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #713313
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