402 SW Ash Dr,Ankeny,IA,50023

Investment Highlights

Rental property for sale in Ankeny at 402 SW Ash Dr, Ankeny, IA, 50023 priced at $261,700 pairs $2,068/mo rent with $368/mo cash flow after a $1,281/mo payment. Total monthly income equals $2,068/mo, and annual cash flow comes to $4,419/yr on $86,754 invested. Return on cash invested is 25% in year one, and rental yield stands at 9.48% on a $261,700 basis. Equity gained on principal adds $1,689/yr, and 5% annual appreciation accumulates to $72,303 by year five. Five-year ROI measures 130.59% and total cumulative return in cash reaches $113,291. For financing, Ziffy Mortgage’s DSCR program evaluates $2,068/mo property income against a $1,281/mo payment instead of your W2s, 1099s, or Tax returns.