2801 SW Prairie Trail PkwyAnkenyIA50023
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2801 SW Prairie Trail Pkwy, Ankeny, IA, 50023 offers a 7.34% rental yield on a $353,500 purchase with $2,163/mo rent. 61% in year one. Equity gained on principal adds $2,281/yr while 5% annual appreciation supports $97,666 over five years. Portfolio math shows five-year ROI at 86.25% and total cumulative return in cash at $101,073. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,163/mo property income against a $1,730/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2016
6,272 sqft lot
$N/A/sqft
$190 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pennie Carroll • Pennie Carroll & Associates
Mls Name: DMMLS
Mls Provider:
Mls ID: #721448
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.