3216 NW Reinhart DrAnkenyIA50023
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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 3216 NW Reinhart Dr, Ankeny, IA, 50023 listed at $440,000 pairs $3,049/mo rent with a $2,154/mo payment to leave $174/mo cash flow. Total monthly income runs $3,049/mo, and annual cash flow reaches $2,092/yr on $145,860 cash to close. Return on cash invested measures 21.34% in year one, and rental yield registers 8.32% at a $440,000 basis. Equity gained on principal adds $2,839/yr, and annual property appreciation at 5% supports $121,564 by year five. Five-year ROI tracks 111% and total cumulative return in cash totals $161,902. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,049/mo property income relative to a $2,154/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
10,062 sqft lot
$N/A/sqft
$200 annually HOA
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Listed by: Blake Shaffer • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #712998
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.