2727 NW Penny LnAnkenyIA50023
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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 2727 NW Penny Ln, Ankeny, IA, 50023 at $219,900 posts ROI 26.69% with $412/mo cash flow from $2,030/mo rent. Total monthly income equals $2,030/mo, and annual cash flow records $4,940/yr on $72,897 to close. Return on cash invested measures 26.69% and rental yield reads 11.08% at the current $219,900. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 by year five. Five-year ROI prints 140.74% and total cumulative return in cash totals $102,592.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,030/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2017
1,132 sqft lot
$N/A/sqft
$185 monthly HOA
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Listed by: Reid Petersen • Agency Iowa
Mls Name: DMMLS
Mls Provider:
Mls ID: #713878
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.