839 Poe Ave, Ames, IA, 50014 | 6.93% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Ames at 839 Poe Ave, Ames, IA, 50014 offers $2,130/mo rent that, after a $1,805/mo payment. Total monthly income is $2,130/mo. Return on cash invested measures 17.31% in year one, and rental yield stands at 6.93% at a $368,750 entry. Equity gained on principal adds $2,379/yr while 5% annual appreciation compounds into $101,879 by year five. Five-year ROI records 89.29% and total cumulative return in cash reaches $109,149. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,130/mo property income versus a $1,805/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2006

9,243 sqft lot

$N/A/sqft

No HOA