3114 NW 14th Ct,Ankeny,IA,50023

Investment Highlights

Investment property for sale in Ankeny at 3114 NW 14th Ct, Ankeny, IA, 50023 listed at $550,000 pairs $3,606/mo rent with a $2,692/mo payment to leave $34/mo cash flow. Total monthly income runs $3,606/mo, and annual cash flow reaches $408/yr on $180,950 cash to close. Return on cash invested measures 20.29% in year one, and rental yield registers 7.87% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 105.22% and total cumulative return in cash totals $190,402. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,606/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).