288 NW Georgetown BlvdAnkenyIA50023
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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 288 NW Georgetown Blvd, Ankeny, IA, 50023 earns $506/mo cash flow from $1,940/mo rent with a $881/mo payment. Total monthly income totals $1,940/mo, and annual cash flow totals $6,072/yr on $59,670 capital. ROI tracks 30.08% on current figures, and rental yield reads 12.93% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 159.73% and total cumulative return in cash sums $95,309. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,940/mo property income instead of your personal income.
Townhouse
Built in 1996
1,306 sqft lot
$N/A/sqft
$265 monthly HOA
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Listed by: Jen Schuller • Iowa Realty- Mills Crossing
Mls Name: CIBR
Mls Provider:
Mls ID: #68492
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.