354 NW Georgetown Blvd, Ankeny, IA, 50023 | $246/mo Cash Flow

For Sale

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 354 NW Georgetown Blvd, Ankeny, IA, 50023 uses $57,847 cash to close to unlock $2,950/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $1,379/mo, and a $854/mo payment keeps the spread at $246/mo. Purchase price stands at $174,500, and rental yield measures 9.48% with $1,379/mo rent. Return on cash invested shows 25.01% in year one, and 5% annual appreciation builds toward $48,211 over five years. Five-year ROI reaches 130.58% and total cumulative return in cash records $75,534. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,379/mo property income covering a $854/mo payment rather than investor’s personal income.

Townhouse

Built in 1996

1,176 sqft lot

$N/A/sqft

No HOA