318 Rockwell AveAmesIA50014
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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 Ames at 318 Rockwell Ave, Ames, IA, 50014 at $246,000 posts ROI 19.94% with $2/mo cash flow from $1,600/mo rent. Total monthly income equals $1,600/mo, and annual cash flow records $29/yr on $81,549 to close. Return on cash invested measures 19.94% and rental yield reads 7.8% at the current $246,000. Equity gained on principal adds $1,587/yr, and 5% annual appreciation supports $67,965 by year five. Five-year ROI prints 103.46% and total cumulative return in cash totals $84,374.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,600/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
7,405 sqft lot
$N/A/sqft
No HOA
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Listed by: Real Estate Team, Jennings • RE/MAX REAL ESTATE CENTER
Mls Name: CIBR
Mls Provider:
Mls ID: #66956
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.