2811 NW 39th 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 2811 NW 39th Ln, Ankeny, IA, 50023 generates $2,650/mo in rent, after a $1,860/mo payment. Total monthly income is $2,650/mo. Return on cash invested sits at 18.31% in year one, and rental yield is 8.37% on a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 95.86% and total cumulative return in cash sums $120,757. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,650/mo property income rather than buyer’s personal income.
Condo
Built in 2021
4,922 sqft lot
$N/A/sqft
$350 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Scott Myers • Century 21 Signature
Mls Name: DMMLS
Mls Provider:
Mls ID: #715319
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