916 NW 20th Ln, Ankeny, IA, 50023 | $157/mo Cash Flow

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

Investment property for sale in Ankeny at 916 NW 20th Ln, Ankeny, IA, 50023 listed at $349,900 pairs $2,430/mo rent with a $1,713/mo payment to leave $157/mo cash flow. Total monthly income runs $2,430/mo, and annual cash flow reaches $1,886/yr on $115,992 cash to close. Return on cash invested measures 21.53% in year one, and rental yield registers 8.33% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 111.99% and total cumulative return in cash totals $129,894. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,430/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 2005

N/A lot

$N/A/sqft

No HOA