3903 Harris StAmesIA50014
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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 3903 Harris St, Ames, IA, 50014 offers a 11.47% rental yield on a $430,000 purchase with $4,110/mo rent. Total monthly income registers $4,110/mo, and a $2,105/mo payment leaves $1,311/mo available for distribution. Annual cash flow reaches $15,729/yr on $142,545 to close, and return on cash invested stands at 30.94% in year one. Equity gained on principal adds $2,775/yr while 5% annual appreciation supports $118,801 over five years. Portfolio math shows five-year ROI at 162.43% and total cumulative return in cash at $231,543. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,110/mo property income against a $2,105/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
9,583 sqft lot
$N/A/sqft
$75 annually HOA
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Listed by: Marc Olson Team • RE/MAX Concepts-Nevada
Mls Name: CIBR
Mls Provider:
Mls ID: #66460
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.