4204 NE 5th StAnkenyIA50021
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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 4204 NE 5th St, Ankeny, IA, 50021 generates $2,962/mo in rent and, after a $1,709/mo payment, leaves $694/mo in cash flow. Total monthly income is $2,962/mo, and annual cash flow is $8,333/yr on $115,727 invested. Return on cash invested sits at 27.11% in year one, and rental yield is 10.18% on a $349,100 entry. Equity gained on principal adds $2,253/yr, while 5% annual appreciation builds toward $96,450 over five years. Five-year ROI reaches 141.88% and total cumulative return in cash sums $164,191. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,962/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A 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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