Nixon II Plan, The Grove Landing,Ankeny,IA,50023

Investment Highlights

Rental property for sale in Ankeny at Nixon II Plan, The Grove Landing, Ankeny, IA, 50023 offers $2,056/mo rent that, after a $1,645/mo payment. Total monthly income is $2,056/mo. Return on cash invested measures 18.55% in year one, and rental yield stands at 7.34% at a $336,000 entry. Equity gained on principal adds $2,168/yr while 5% annual appreciation compounds into $92,831 by year five. Five-year ROI records 95.95% and total cumulative return in cash reaches $106,870. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,056/mo property income versus a $1,645/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.