4306 NW 4th St,Ankeny,IA,50023

Investment Highlights

Investment property for sale in Ankeny at 4306 NW 4th St, Ankeny, IA, 50023 listed at $375,000 pairs $2,622/mo rent with a $1,835/mo payment to leave $187/mo cash flow. Total monthly income runs $2,622/mo, and annual cash flow reaches $2,244/yr on $124,313 cash to close. Return on cash invested measures 21.71% in year one, and rental yield registers 8.39% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 112.91% and total cumulative return in cash totals $140,367. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,622/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).