Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Ankeny at 713 NE Oak Ridge Dr, Ankeny, IA, 50021 uses $96,102 cash to close to unlock $6,062/yr annual cash flow and $505/mo monthly cash flow. Total monthly income runs $2,388/mo, and a $1,419/mo payment keeps the spread at $505/mo. Purchase price stands at $289,900, and rental yield measures 9.88% with $2,388/mo rent. Return on cash invested shows 26.22% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 137.11% and total cumulative return in cash records $131,769. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,388/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 2022
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50021, Ankeny, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,241 (100%) |
| Owner Occupied HU | 9,358 (70.7%) |
| Renter Occupied HU | 3,177 (24.0%) |
| Vacant Housing Units | 706 ( 5.3%) |
| Median Home Value | $345,766 |
| Average Home Value | $362,006 |
Residential
13,385
Single Family
11,141
Multi-Family
2,244
Businesses
1,021
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kyle Clarkson • LPT Realty, LLC
Mls Name: DMMLS
Mls ID: #731541
