801 NW Maple St,Ankeny,IA,50023

Investment Highlights

Investment property for sale in Ankeny at 801 NW Maple St, Ankeny, IA, 50023 listed at $297,700 pairs $2,694/mo rent with a $1,457/mo payment to leave $715/mo cash flow. Total monthly income runs $2,694/mo, and annual cash flow reaches $8,583/yr on $98,688 cash to close. Return on cash invested measures 28.61% in year one, and rental yield registers 10.86% at a $297,700 basis. Equity gained on principal adds $1,921/yr, and annual property appreciation at 5% supports $82,249 by year five. Five-year ROI tracks 150.11% and total cumulative return in cash totals $148,138. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,694/mo property income relative to a $1,457/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).