621 Fremont Ave,Ames,IA,50014

Investment Highlights

Rental property for sale in Ames at 621 Fremont Ave, Ames, IA, 50014 offers $2,843/mo rent that, after a $1,888/mo payment, leaves $338/mo cash flow. Total monthly income is $2,843/mo, and annual cash flow is $4,055/yr on $127,851 cash. Return on cash invested measures 23.08% in year one, and rental yield stands at 8.85% at a $385,675 entry. Equity gained on principal adds $2,489/yr while 5% annual appreciation compounds into $106,555 by year five. Five-year ROI records 120.24% and total cumulative return in cash reaches $153,726. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,843/mo property income versus a $1,888/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.