276 NW Georgetown Blvd, Ankeny, IA, 50023 | $431/mo Cash Flow

For Sale

Ziffy Mortgage

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

Rental property for sale in Ankeny at 276 NW Georgetown Blvd, Ankeny, IA, 50023 priced at $194,750 pairs $1,696/mo rent with $431/mo cash flow after a $953/mo payment. Total monthly income equals $1,696/mo, and annual cash flow comes to $5,177/yr on $64,560 invested. Return on cash invested is 27.93% in year one, and rental yield stands at 10.45% on a $194,750 basis. Equity gained on principal adds $1,257/yr, and 5% annual appreciation accumulates to $53,806 by year five. Five-year ROI measures 146.27% and total cumulative return in cash reaches $94,432. For financing, Ziffy Mortgage’s DSCR program evaluates $1,696/mo property income against a $953/mo payment instead of your W2s, 1099s, or Tax returns.

Condo

Built in 1997

1,176 sqft lot

$N/A/sqft

No HOA