2822 NW 33rd 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 2822 NW 33rd Ln, Ankeny, IA, 50023 generates $2,116/mo in rent and, after a $1,262/mo payment, leaves $251/mo in cash flow. Total monthly income is $2,116/mo, and annual cash flow is $3,011/yr on $85,490 invested. Return on cash invested sits at 23.43% in year one, and rental yield is 9.85% on a $257,888 entry. Equity gained on principal adds $1,664/yr, while 5% annual appreciation builds toward $71,250 over five years. Five-year ROI reaches 123.09% and total cumulative return in cash sums $105,230. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,116/mo property income rather than buyer’s personal income.
Condo
Built in 2022
1,698 sqft lot
$N/A/sqft
$175 monthly HOA
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Listed by: Jacob Simon • Century 21 Signature
Mls Name: DMMLS
Mls Provider:
Mls ID: #718023
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.