2812 NW 23rd StAnkenyIA50023
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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 2812 NW 23rd St, Ankeny, IA, 50023 offers a 10.06% rental yield on a $323,000 purchase with $2,708/mo rent. Total monthly income registers $2,708/mo, and a $1,581/mo payment leaves $610/mo available for distribution. Annual cash flow reaches $7,322/yr on $107,075 to close, and return on cash invested stands at 26.75% in year one. Equity gained on principal adds $2,084/yr while 5% annual appreciation supports $89,239 over five years. Portfolio math shows five-year ROI at 139.94% and total cumulative return in cash at $149,841. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,708/mo property income against a $1,581/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
0.37 Acres lot
$N/A/sqft
No HOA
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