3315 Ridgetop RdAmesIA50014
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 3.51% gross rental yield, 3315 Ridgetop Rd, Ames, IA, 50014 in Ames is priced for capital growth, not immediate cash flow. The $1,300,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $359,166 by year five, with $11,973/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.72) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $221,158.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 6.8% |
| Monthly Cash Flow | $(4,656) | $450 |
City averages based on Ames market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,212 |
| Total Monthly Debt Service | $7,946 |
| DSCR Ratio | 0.53x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2005
1 Acres lot
$N/A/sqft
$250 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2005
1 Acres lot
$N/A/sqft
$250 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diana Skaff • Hunziker & Assoc.-Ames
Mls Name: CIBR
Mls Provider:
Mls ID: #67079
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.