914 NW 22nd St,Ankeny,IA,50023

Investment Highlights

Investment property for sale in Ankeny at 914 NW 22nd St, Ankeny, IA, 50023 listed at $410,000 pairs $3,461/mo rent with a $2,007/mo payment to leave $798/mo cash flow. Total monthly income runs $3,461/mo, and annual cash flow reaches $9,576/yr on $135,915 cash to close. Return on cash invested measures 26.95% in year one, and rental yield registers 10.13% at a $410,000 basis. Equity gained on principal adds $2,646/yr, and annual property appreciation at 5% supports $113,275 by year five. Five-year ROI tracks 141.02% and total cumulative return in cash totals $191,663. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,461/mo property income relative to a $2,007/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).