3144 Sycamore RdAmesIA50014
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3144 Sycamore Rd, Ames, IA, 50014 uses $226,681 cash to close to unlock $10,131/yr annual cash flow and $844/mo monthly cash flow. Total monthly income runs $5,341/mo, and a $3,372/mo payment keeps the spread at $844/mo. Purchase price stands at $689,000, and rental yield measures 9.3% with $5,341/mo rent. Return on cash invested shows 24.53% in year one, and 5% annual appreciation builds toward $190,358 over five years. Five-year ROI reaches 128.04% and total cumulative return in cash records $290,250. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,341/mo property income covering a $3,372/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.33 Acres lot
$N/A/sqft
$268 yearly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike Purcell • Friedrich Iowa Realty
Mls Name: CIBR
Mls Provider:
Mls ID: #68214
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.