609 SW Cherry StAnkenyIA50023
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 609 SW Cherry St, Ankeny, IA, 50023 in Ankeny. Rental yield 0%. At $289,831 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $80,075 in new equity by year five, complemented by $2,669/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.2% |
| Monthly Cash Flow | $0 | $850 |
City averages based on Ankeny market data in our database. Property projections are estimates.
Single Family
Built in 1900
9,365 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1900
9,365 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices