316 SW 17th StAnkenyIA50023
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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
Investment property for sale in Ankeny at 316 SW 17th St, Ankeny, IA, 50023 offers a 7.09% rental yield on a $439,990 purchase with $2,600/mo rent. 79% in year one. Equity gained on principal adds $2,839/yr while 5% annual appreciation supports $121,561 over five years. Portfolio math shows five-year ROI at 91.9% and total cumulative return in cash at $134,035. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,600/mo property income against a $2,154/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
9,539 sqft lot
$N/A/sqft
No HOA
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Listed by: Meleah Stuckey • LPT Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #712715
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