3806 NW Applewood CtAnkenyIA50023
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
Investment Highlights
Rental property for sale in Ankeny at 3806 NW Applewood Ct, Ankeny, IA, 50023 priced at $549,000 converts $2,802/mo rent into after a $2,687/mo obligation. Total monthly income equals $2,802/mo. Return on cash invested prints 14.88% in year one, and rental yield reads 6.12% against a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation compiles into $151,679 by year five. Five-year ROI reaches 76.27% and total cumulative return in cash sums $137,756. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,802/mo property income covering a $2,687/mo payment, not borrower’s personal income.
Single Family
Built in 2017
0.30 Acres lot
$N/A/sqft
$200 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leeann Bluske • Exchange Brokers
Mls Name: DMMLS
Mls Provider:
Mls ID: #716391
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.