2708 NW Boulder Point Pl,Ankeny,IA,50023

Investment Highlights

Rental property for sale in Ankeny at 2708 NW Boulder Point Pl, Ankeny, IA, 50023 generates $2,850/mo in rent and, after a $2,100/mo payment, leaves $47/mo in cash flow. Total monthly income is $2,850/mo, and annual cash flow is $559/yr on $142,214 invested. Return on cash invested sits at 20.3% in year one, and rental yield is 7.97% on a $429,000 entry. Equity gained on principal adds $2,768/yr, while 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 105.41% and total cumulative return in cash sums $149,905. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,850/mo property income rather than buyer’s personal income.