Promenade III Plan, Domani II Courtyards at The Bluffs,Ames,IA,50014

Investment Highlights

Rental property for sale in Ames at Promenade III Plan, Domani II Courtyards at The Bluffs, Ames, IA, 50014 generates $3,210/mo in rent, after a $2,420/mo payment. Total monthly income is $3,210/mo. Return on cash invested sits at 19.9% in year one, and rental yield is 7.79% on a $494,450 entry. Equity gained on principal adds $3,191/yr, while 5% annual appreciation builds toward $136,607 over five years. Five-year ROI reaches 103.19% and total cumulative return in cash sums $169,145. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,210/mo property income rather than buyer’s personal income.