2917 Bayberry RdAmesIA50014
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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 Ames at 2917 Bayberry Rd, Ames, IA, 50014 offers a 9.42% rental yield on a $485,000 purchase with $3,806/mo rent. Total monthly income registers $3,806/mo, and a $2,374/mo payment leaves $644/mo available for distribution. Annual cash flow reaches $7,722/yr on $160,778 to close, and return on cash invested stands at 24.71% in year one. Equity gained on principal adds $3,130/yr while 5% annual appreciation supports $133,997 over five years. Portfolio math shows five-year ROI at 129.03% and total cumulative return in cash at $207,458. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,806/mo property income against a $2,374/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
10,454 sqft lot
$N/A/sqft
$150 yearly HOA
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Listed by: Nancy Marion • RE/MAX Concepts-Ames
Mls Name: CIBR
Mls Provider:
Mls ID: #67853
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.