Eisenhower Plan, The Grove Landing,Ankeny,IA,50023

Investment Highlights

Investment property for sale in Ankeny at Eisenhower Plan, The Grove Landing, Ankeny, IA, 50023 with 5% annual appreciation on a $297,500 basis while $1,949/mo rent supports operations. Total monthly income totals $1,949/mo and a $1,456/mo payment preserves $17/mo for cash returns. Annual cash flow comes to $204/yr on $98,621 deployed, and return on cash invested reaches 20.12% in year one. Equity gained on principal adds $1,920/yr, and five-year appreciation sums $82,194 alongside rental yield of 7.86%. Five-year ROI measures 104.35% and total cumulative return in cash totals $102,907.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,949/mo property income versus a $1,456/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.