2822 NW 33rd LnAnkenyIA50023
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 2822 NW 33rd Ln, Ankeny, IA, 50023 in Ankeny. Rental yield 0%. At $257,888 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $71,250 in new equity by year five, complemented by $2,375/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.82) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $115,068.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.2% |
| Monthly Cash Flow | $0 | $850 |
City averages based on Ankeny market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,116 |
| Total Monthly Debt Service | $1,763 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2022
1,698 sqft lot
$N/A/sqft
$175 monthly HOA
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
Condo
Built in 2022
1,698 sqft lot
$N/A/sqft
$175 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.