2804 NW Lois 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
Rental property for sale in Ankeny at 2804 NW Lois Ln, Ankeny, IA, 50023 offers $2,322/mo rent that, after a $1,162/mo payment, leaves $748/mo cash flow. Total monthly income is $2,322/mo, and annual cash flow is $8,976/yr on $78,731 cash. Return on cash invested measures 31.31% in year one, and rental yield stands at 11.73% at a $237,500 entry. Equity gained on principal adds $1,533/yr while 5% annual appreciation compounds into $65,617 by year five. Five-year ROI records 164.53% and total cumulative return in cash reaches $129,537. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,322/mo property income versus a $1,162/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2017
1,306 sqft lot
$N/A/sqft
$175 annually HOA
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Listed by: Flanders Team • RE/MAX REAL ESTATE CENTER
Mls Name: CIBR
Mls Provider:
Mls ID: #67193
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.