7306 NW 16th StAnkenyIA50023
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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
Rental property for sale in Ankeny at 7306 NW 16th St, Ankeny, IA, 50023 generates $0/mo in rent, after a $1,404/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.6% in year one, and rental yield is 0% on a $286,900 entry. Equity gained on principal adds $1,851/yr, while 5% annual appreciation builds toward $79,265 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
0.46 Acres lot
$N/A/sqft
No HOA
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No similar rental properties found nearby.
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Listed by: Matt Wolff • Lake-Iowa Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6325718
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