3020 NW Reinhart DrAnkenyIA50023
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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 3020 NW Reinhart Dr, Ankeny, IA, 50023 priced at $399,900 pairs $2,494/mo rent with after a $1,957/mo payment. Total monthly income equals $2,494/mo. Return on cash invested is 18.64% in year one, and rental yield stands at 7.48% on a $399,900 basis. Equity gained on principal adds $2,580/yr, and 5% annual appreciation accumulates to $110,485 by year five. Five-year ROI measures 96.56% and total cumulative return in cash reaches $128,000. For financing, Ziffy Mortgage’s DSCR program evaluates $2,494/mo property income against a $1,957/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
10,018 sqft lot
$N/A/sqft
$120 annually HOA
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Listed by: Kyle Clarkson • LPT Realty, LLC
Mls Name: CIBR
Mls Provider:
Mls ID: #67040
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.