Taylor Plan, 36 West: Edge Series Homes,Ankeny,IA,50023

Investment Highlights

Rental property for sale in Ankeny at Taylor Plan, 36 West: Edge Series Homes, Ankeny, IA, 50023 priced at $315,990 pairs $2,196/mo rent with $143/mo cash flow after a $1,547/mo payment. Total monthly income equals $2,196/mo, and annual cash flow comes to $1,721/yr on $104,751 invested. Return on cash invested is 21.55% in year one, and rental yield stands at 8.34% on a $315,990 basis. Equity gained on principal adds $2,039/yr, and 5% annual appreciation accumulates to $87,302 by year five. Five-year ROI measures 112.08% and total cumulative return in cash reaches $117,400. For financing, Ziffy Mortgage’s DSCR program evaluates $2,196/mo property income against a $1,547/mo payment instead of your W2s, 1099s, or Tax returns.