3612 Mary CirAmesIA50014
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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 3612 Mary Cir, Ames, IA, 50014 offers a 12.81% rental yield on a $283,000 purchase with $3,022/mo rent. Total monthly income registers $3,022/mo, and a $1,385/mo payment leaves $1,123/mo available for distribution. Annual cash flow reaches $13,480/yr on $93,815 to close, and return on cash invested stands at 34.28% in year one. Equity gained on principal adds $1,826/yr while 5% annual appreciation supports $78,188 over five years. Portfolio math shows five-year ROI at 180.61% and total cumulative return in cash at $169,443. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,022/mo property income against a $1,385/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: Chad Swenson • Hunziker & Assoc.-Ames
Mls Name: CIBR
Mls Provider:
Mls ID: #67284
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.