2628 NW Lois Ln,Ankeny,IA,50023

Investment Highlights

Investment property for sale in Ankeny at 2628 NW Lois Ln, Ankeny, IA, 50023 uses $71,273 cash to close to unlock $1,368/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $1,510/mo, and a $1,052/mo payment keeps the spread at $114/mo. Purchase price stands at $215,000, and rental yield measures 8.43% with $1,510/mo rent. Return on cash invested shows 21.83% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 113.53% and total cumulative return in cash records $80,917. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,510/mo property income covering a $1,052/mo payment rather than investor’s personal income.