3206 Aspen RdAmesIA50014
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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 Ames at 3206 Aspen Rd, Ames, IA, 50014 generates $3,125/mo in rent and, after a $2,237/mo payment, leaves $136/mo in cash flow. Total monthly income is $3,125/mo, and annual cash flow is $1,632/yr on $151,496 invested. Return on cash invested sits at 20.99% in year one, and rental yield is 8.21% on a $457,000 entry. Equity gained on principal adds $2,949/yr, while 5% annual appreciation builds toward $126,261 over five years. Five-year ROI reaches 109.07% and total cumulative return in cash sums $165,235. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,125/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.27 Acres lot
$N/A/sqft
$250 annually HOA
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Listed by: Margo Hattery • Hunziker & Assoc.-Ames
Mls Name: CIBR
Mls Provider:
Mls ID: #65172
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.