700 S Dakota Ave UNIT 101,Ames,IA,50014

Investment Highlights

Investment property for sale in Ames at 700 S Dakota Ave UNIT 101, Ames, IA, 50014 listed at $161,700 pairs $1,180/mo rent with a $791/mo payment to leave $130/mo cash flow. Total monthly income runs $1,180/mo, and annual cash flow reaches $1,563/yr on $53,604 cash to close. Return on cash invested measures 22.83% in year one, and rental yield registers 8.76% at a $161,700 basis. Equity gained on principal adds $1,043/yr, and annual property appreciation at 5% supports $44,675 by year five. Five-year ROI tracks 118.93% and total cumulative return in cash totals $63,751. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,180/mo property income relative to a $791/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).