406 NW Kimberly Ln,Ankeny,IA,50023

Investment Highlights

Rental property for sale in Ankeny at 406 NW Kimberly Ln, Ankeny, IA, 50023 priced at $290,100 pairs $2,367/mo rent with $460/mo cash flow after a $1,420/mo payment. Total monthly income equals $2,367/mo, and annual cash flow comes to $5,518/yr on $96,168 invested. Return on cash invested is 25.65% in year one, and rental yield stands at 9.79% on a $290,100 basis. Equity gained on principal adds $1,872/yr, and 5% annual appreciation accumulates to $80,149 by year five. Five-year ROI measures 134.11% and total cumulative return in cash reaches $128,976. For financing, Ziffy Mortgage’s DSCR program evaluates $2,367/mo property income against a $1,420/mo payment instead of your W2s, 1099s, or Tax returns.