415 Stanton Ave UNIT 102AmesIA50014
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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
Rental property for sale in Ames at 415 Stanton Ave UNIT 102, Ames, IA, 50014 generates $1,505/mo in rent, after a $1,317/mo payment. Total monthly income is $1,505/mo. Return on cash invested sits at 16.17% in year one, and rental yield is 6.71% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 83.42% and total cumulative return in cash sums $74,387. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,505/mo property income rather than buyer’s personal income.
Condo
Built in 2018
2,178 sqft lot
$N/A/sqft
$425 annually HOA
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Listed by: Kelsey Bolte-Carper • Friedrich Iowa Realty
Mls Name: CIBR
Mls Provider:
Mls ID: #65343
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.