2907 NW 31st StAnkenyIA50023
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 2907 NW 31st St, Ankeny, IA, 50023 in Ankeny fits: $325,000, 0% gross yield, and a projected 5% annual appreciation rate adding $89,792 in value within five years. Rental yield 0%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.34) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $2,993/yr in principal paydown and $89,792 in appreciation project a total return of $104,358.
| 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 | $1,964 |
| Total Monthly Debt Service | $2,146 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 2019
2,744 sqft lot
$N/A/sqft
$165 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
Single Family
Built in 2019
2,744 sqft lot
$N/A/sqft
$165 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Sullivan • EXP Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #716500
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