3217 Ridgetop 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
Investment property for sale in Ames at 3217 Ridgetop Rd, Ames, IA, 50014 earns from $5,562/mo rent with a $4,645/mo payment. Total monthly income totals $5,562/mo. ROI tracks 17.66% on current figures, and rental yield reads 7.03% at a $949,000 purchase. Equity gained on principal adds $6,124/yr, and 5% annual appreciation supports $262,191 over five years. Five-year ROI reaches 91.21% and total cumulative return in cash sums $284,772. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,562/mo property income instead of your personal income.
Single Family
Built in 1996
0.36 Acres lot
$N/A/sqft
$268 annually HOA
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Nearby investment properties with comparable prices
Listed by: Patty Meese • Friedrich Realty
Mls Name: CIBR
Mls Provider:
Mls ID: #66930
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.