3402 SW Applewood St, Ankeny, IA, 50023 | $618/mo Cash Flow

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ankeny at 3402 SW Applewood St, Ankeny, IA, 50023 earns $618/mo cash flow from $2,566/mo rent with a $1,468/mo payment. Total monthly income totals $2,566/mo, and annual cash flow totals $7,416/yr on $99,450 capital. ROI tracks 27.37% on current figures, and rental yield reads 10.26% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 143.23% and total cumulative return in cash sums $142,440. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,566/mo property income instead of your personal income.

Single Family

Built in 2003

8,145 sqft lot

$N/A/sqft

No HOA