419 NE Crossing Oaks DrAnkenyIA50021
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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 Ankeny at 419 NE Crossing Oaks Dr, Ankeny, IA, 50021 priced at $331,000 converts $2,082/mo rent into after a $1,620/mo obligation. Total monthly income equals $2,082/mo. Return on cash invested prints 19.17% in year one, and rental yield reads 7.55% against a $331,000 entry. Equity gained on principal adds $2,136/yr, while 5% annual appreciation compiles into $91,449 by year five. Five-year ROI reaches 99.29% and total cumulative return in cash sums $108,949. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,082/mo property income covering a $1,620/mo payment, not borrower’s personal income.
Single Family
Built in 2025
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50021, Ankeny, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,241 (100%) |
| Owner Occupied HU | 9,358 (70.7%) |
| Renter Occupied HU | 3,177 (24.0%) |
| Vacant Housing Units | 706 ( 5.3%) |
| Median Home Value | $345,766 |
| Average Home Value | $362,006 |
Housing Distribution
Address Breakdown
Residential
13,385
Single Family
11,141
Multi-Family
2,244
Businesses
1,021
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Listed by: George Romero • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #730072
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.