5218 NW 8th StAnkenyIA50023
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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 5218 NW 8th St, Ankeny, IA, 50023 generates $2,324/mo in rent, after a $1,884/mo payment. Total monthly income is $2,324/mo. Return on cash invested sits at 18.26% in year one, and rental yield is 7.25% on a $384,900 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,341 over five years. Five-year ROI reaches 94.41% and total cumulative return in cash sums $120,459. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,324/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
0.31 Acres lot
$N/A/sqft
No HOA
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Listed by: Tammy Davidson • LPT Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #720867
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