Reagan Plan, The Reserve At The Grove,Ankeny,IA,50023

Investment Highlights

Rental property for sale in Ankeny at Reagan Plan, The Reserve At The Grove, Ankeny, IA, 50023 offers $2,440/mo rent that, after a $1,559/mo payment, leaves $371/mo cash flow. Total monthly income is $2,440/mo, and annual cash flow is $4,457/yr on $105,583 cash. Return on cash invested measures 24.13% in year one, and rental yield stands at 9.19% at a $318,500 entry. Equity gained on principal adds $2,055/yr while 5% annual appreciation compounds into $87,996 by year five. Five-year ROI records 125.9% and total cumulative return in cash reaches $132,924. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,440/mo property income versus a $1,559/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.