5423 Springbrook DrAmesIA50014
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 5423 Springbrook Dr, Ames, IA, 50014 listed at $380,500 pairs $3,394/mo rent with a $1,862/mo payment to leave $903/mo cash flow. Total monthly income runs $3,394/mo, and annual cash flow reaches $10,839/yr on $126,136 cash to close. Return on cash invested measures 28.5% in year one, and rental yield registers 10.7% at a $380,500 basis. Equity gained on principal adds $2,455/yr, and annual property appreciation at 5% supports $105,125 by year five. Five-year ROI tracks 149.42% and total cumulative return in cash totals $188,474. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,394/mo property income relative to a $1,862/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
0.27 Acres lot
$N/A/sqft
$140 yearly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karlai Thornburg • Friedrich Iowa Realty
Mls Name: CIBR
Mls Provider:
Mls ID: #67775
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.