3005 Cedar Ln,Ames,IA,50014

Investment Highlights

Investment property for sale in Ames at 3005 Cedar Ln, Ames, IA, 50014 listed at $384,900 pairs $2,868/mo rent with a $1,884/mo payment to leave $368/mo cash flow. Total monthly income runs $2,868/mo, and annual cash flow reaches $4,418/yr on $127,594 cash to close. Return on cash invested measures 23.37% in year one, and rental yield registers 8.94% at a $384,900 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,341 by year five. Five-year ROI tracks 121.83% and total cumulative return in cash totals $155,451. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,868/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).