911 NW Ridgeline CtAnkenyIA50023
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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 911 NW Ridgeline Ct, Ankeny, IA, 50023 offers $2,991/mo rent that, after a $2,325/mo payment. Total monthly income is $2,991/mo. Return on cash invested measures 19.14% in year one, and rental yield stands at 7.56% at a $475,000 entry. Equity gained on principal adds $3,065/yr while 5% annual appreciation compounds into $131,234 by year five. Five-year ROI records 99.12% and total cumulative return in cash reaches $156,079. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,991/mo property income versus a $2,325/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.26 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Joel Sullivan • Friedrich Iowa Realty
Mls Name: CIBR
Mls Provider:
Mls ID: #67210
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.