3505 NW Singing Hill CirAnkenyIA50023
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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 Ankeny at 3505 NW Singing Hill Cir, Ankeny, IA, 50023 generates $3,140/mo in rent, after a $2,936/mo payment. Total monthly income is $3,140/mo. Return on cash invested sits at 14.77% in year one, and rental yield is 6.28% on a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 75.9% and total cumulative return in cash sums $149,800. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,140/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.35 Acres lot
$N/A/sqft
No HOA
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Listed by: Susie Sheldahl • Realty One Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #726178
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