4704 Toronto StAmesIA50014
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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 4704 Toronto St, Ames, IA, 50014 offers $1,740/mo rent that, after a $2,589/mo payment. Total monthly income is $1,740/mo. Return on cash invested measures 8.13% in year one, and rental yield stands at 3.95% at a $528,889 entry. Equity gained on principal adds $3,413/yr while 5% annual appreciation compounds into $146,122 by year five. Five-year ROI records 40.13% and total cumulative return in cash reaches $69,822. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,740/mo property income versus a $2,589/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 2019
7,370 sqft lot
$N/A/sqft
No HOA
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Listed by: Jeffrey Hagel • Jeff Hagel Real Estate
Mls Name: DMMLS
Mls Provider:
Mls ID: #716522
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.