3906 NW 6th StAnkenyIA50023
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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 Ankeny at 3906 NW 6th St, Ankeny, IA, 50023 uses $145,529 cash to close to unlock $955/yr annual cash flow and $80/mo monthly cash flow. Total monthly income runs $2,931/mo, and a $2,149/mo payment keeps the spread at $80/mo. Purchase price stands at $439,000, and rental yield measures 8.01% with $2,931/mo rent. Return on cash invested shows 20.57% in year one, and 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 106.77% and total cumulative return in cash records $155,384. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,931/mo property income covering a $2,149/mo payment rather than investor’s personal income.
Single Family
Built in 2013
0.29 Acres lot
$N/A/sqft
No HOA
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Listed by: Dillon Bradshaw • RE/MAX Revolution
Mls Name: DMMLS
Mls Provider:
Mls ID: #718318
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.