4524 Steinbeck StAmesIA50011
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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
Investment property for sale in Ames at 4524 Steinbeck St, Ames, IA, 50011 offers a 0.72% rental yield on a $1,200,000 purchase with $716/mo rent. 47% in year one. Equity gained on principal adds $7,743/yr while 5% annual appreciation supports $331,538 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $716/mo property income against a $5,873/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1998
0.42 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: John Livingston • Hunziker & Assoc.-Ames
Mls Name: CIBR
Mls Provider:
Mls ID: #68439
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.