2918 SE 19th LnAnkenyIA50021
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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 2918 SE 19th Ln, Ankeny, IA, 50021 generates $1,891/mo in rent and, after a $1,224/mo payment, leaves $267/mo in cash flow. Total monthly income is $1,891/mo, and annual cash flow is $3,204/yr on $82,875 invested. Return on cash invested sits at 23.78% in year one, and rental yield is 9.08% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 123.97% and total cumulative return in cash sums $102,742. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,891/mo property income rather than buyer’s personal income.
Townhouse
Built in 2006
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50021, Ankeny, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,241 (100%) |
| Owner Occupied HU | 9,358 (70.7%) |
| Renter Occupied HU | 3,177 (24.0%) |
| Vacant Housing Units | 706 ( 5.3%) |
| Median Home Value | $345,766 |
| Average Home Value | $362,006 |
Housing Distribution
Address Breakdown
Residential
13,385
Single Family
11,141
Multi-Family
2,244
Businesses
1,021
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