2711 NW Heritage Ave · Ankeny, IA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $902 – $1,676
Heat risk 3/10 · Minor
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +12.0/15.0
- Schools +7.1/10.0
- Cash flow +6.9/30.0
- Livability +4.6/5.0
- 1% rule +3.4/10.0
- Rent growth +2.7/5.0
- Condition / age +2.5/5.0
- DSCR +1.1/10.0
- Appreciation +0.0/10.0
$204,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to this well-maintained 2-bedroom, 3-bath townhome in a convenient Ankeny location! This middle-unit home is filled with natural sunlight — something you don’t always find in townhome living. The main level features newer LVP flooring for durability and easy maintenance, along with space for both everyday living and entertaining, including seating for at the kitchen bar and room for a dining table. You'll also appreciate the pantry — a rare and practical feature in many townhomes. Upstairs, the oversized primary suite offers a walk-in closet and private bathroom with shower. A second bedroom and full bathroom provide comfortable space for family, guests, or a home office. The finished basement is a standout feature, offering a great entertainment area complete with a wet bar, space for a full-size refrigerator, and room for barstool seating. The pet-friendly carpet adds comfort while allowing for easy cleanup. The true two-car garage provides full parking for two vehicles. Functional, bright, and move-in ready, this home offers low-maintenance living with flexible space to fit your lifestyle.
Key facts
- Pantry
- Wet bar
- Newer lvp flooring
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.5-bath townhouse listed at $204k.
Deal economics
- At list price, monthly cash flow is $-308 ($-4k/yr) — negative.
- To cash-flow at today's rent, offer at most $150k (26.7% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $171k (16.4% below list).
- Recommended offer: $150k (26.7% below list) — sets the bar for cash-flow.
- Cap rate 4.5% vs local median 2.9% in Ankeny — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 92/100 on livability (#3 in IA, #29 nationally) — a professional / high-income tenant draw. Strengths: schools A+, amenities A+, employment A+; Watch: commute C-.
- Ankeny Community School District (suburban): math 80% / reading 82% proficiency, ranked #15 of 289 in IA (top 5%) — strong family-tenant draw, lease renewals of 3-5y typical; only 10% free/reduced lunch — higher-income household profile.
- Market conditions: Rents flat; 491 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 41% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 2,953 units permitted in Polk County in 2024 (540 in 5+ unit buildings).
- This rent is only 17% of the median local income ($118k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
- Polk County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 81 days — a 6% lower offer ($192k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 12y ago; this cycle's ask has dropped $11k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $170k; 20% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 81 days. Have you received any prior offers? Is the seller open to a 27% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.84% ✗
- Cap rate
- 4.48%
- Cash-on-cash
- -6.48%
- DSCR
- 0.71
- GRM
- 10.0
CMA / ARV
- ARV (median comp)
- $226,427
- List price
- $204,000
- Delta
- -9.90%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2711 NW Heritage Ave | 0.00mi | 2/2.5 | 1,340 (0%) | 0mo | $198,000 | $148 | 100 |
| 2627 NW Heritage Ave | 0.05mi | 2/2.5 | 1,166 (-13%) | 3mo | $199,000 | $171 | 74 |
| 110 NW Georgetown Blvd #7 | 0.28mi | 2/2.0 | 1,256 (-6%) | 4mo | $194,000 | $154 | 72 |
| 2436 NW Heritage Ave | 0.19mi | 2/2.5 | 1,166 (-13%) | 4mo | $200,000 | $172 | 66 |
| 2602 NE Oak Dr #6 | 0.16mi | 2/2.0 | 1,168 (-13%) | 5mo | $179,000 | $153 | 65 |
| 2510 NE Oak Dr #8 | 0.22mi | 2/2.0 | 1,168 (-13%) | 5mo | $170,000 | $146 | 62 |
| 2407 NE Oak Dr #4 | 0.34mi | 2/2.0 | 1,168 (-13%) | 4mo | $200,000 | $171 | 57 |
| 348 NW Georgetown Blvd | 0.25mi | 2/1.5 | 1,140 (-15%) | 4mo | $170,000 | $149 | 56 |
| 332 NW Georgetown Blvd | 0.27mi | 2/1.5 | 1,140 (-15%) | 4mo | $175,000 | $154 | 56 |
| 2402 NE Oak Dr #2 | 0.36mi | 2/2.0 | 1,168 (-13%) | 8mo | $177,000 | $152 | 54 |
| 2113 NE Grant St | 0.40mi | 2/2.0 | 1,540 (+15%) | 2mo | $300,000 | $195 | 53 |
| 916 NW 20th Ln | 0.71mi | 3/3.0 (+1) | 1,435 (+7%) | 5mo | $338,000 | $236 | 44 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.75% rent growth · sell at horizon
- IRR
- -30.5%
- Equity multiple
- 0.01×
- Total profit
- $-56,304
- Equity at exit
- $30,417
- IRR
- -49.6%
- Equity multiple
- -0.55×
- Total profit
- $-88,425
- Equity at exit
- $17,638
Cash invested: $57,120 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 83 Strongly Landlord-Friendly
- State Iowa
- 83 Strongly Landlord-Friendly · R+6
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 50023
- Rents YoY
- 0.8%
- Active inventory
- 491
- Price-to-rent
- 10.0×
Monthly cashflow live
- Estimated rent
- $1,706 high interval (Pro) →
- Mortgage (P&I)
- −$1,070
- Tax from tax record
- −$276 /mo · $3,318/yr
- Insurance
- −$85
- HOA
- −$225
- Vacancy / Maint / Mgmt
- −$358
- Net cashflow
- $-308
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $51,000
- Closing costs
- $6,120
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 22 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 152 NE 22nd Ln Ankeny, IA | 2.0 | 2.5 | 1158 | $1,662 | $1.44 | 14d | 8 | 0.25mi |
| 3205 NW Amherst Ln Unit 302 Ankeny, IA | 2.0 | 2.0 | 982 | $1,200 | $1.22 | 43d | 1 | 0.50mi |
| 1914 NW School St Ankeny, IA | 3.0 | 3.0 | 1831 | $2,250 | $1.23 | 43d | 1 | 0.51mi |
| 3624 NE Marissa Ln Ankeny, IA | 3.0 | 3.0 | 1740 | $1,950 | $1.12 | 43d | 1 | 0.60mi |
| 1709 NE Sherman Ct Ankeny, IA | 3.0 | 2.5 | 1855 | $2,200 | $1.19 | 23d | 1 | 0.60mi |
| 3622 NE Kara Ln Ankeny, IA | 3.0 | 2.5 | 1740 | $1,950 | $1.12 | 43d | 1 | 0.62mi |
| 3630 NE Kara Ln Ankeny, IA | 2.0 | 2.0 | 1336 | $1,900 | $1.42 | 43d | 1 | 0.63mi |
| 3641 NE Marissa Ln Ankeny, IA | 2.0 | 2.0 | 1336 | $1,900 | $1.42 | 23d | 1 | 0.63mi |
| 3619 NE Kara Ln Ankeny, IA | 3.0 | 2.5 | 1700 | $1,950 | $1.15 | 23d | 1 | 0.63mi |
| 3635 NE Kara Ln Ankeny, IA | 3.0 | 2.0 | 1740 | $1,950 | $1.12 | 23d | 1 | 0.64mi |
| 3654 NE Kara Ln Ankeny, IA | 2.0 | 2.0 | 1368 | $1,950 | $1.43 | 43d | 1 | 0.65mi |
| 3707 NE Marissa Ln Ankeny, IA | 3.0 | 2.5 | 1480 | $1,795 | $1.21 | 23d | 1 | 0.66mi |
| 1908 NW Ashton Ln #1 Ankeny, IA | 2.0 | 2.0 | 1404 | $1,650 | $1.18 | 14d | 1 | 0.86mi |
| 2215 NW Bayberry Ln Ankeny, IA | 3.0 | 2.5 | 1511 | $2,000 | $1.32 | 23d | 1 | 0.90mi |
| 3305 NW Cameo Ln Ankeny, IA | 2.0 | 2.5 | 1160 | $1,650 | $1.42 | 14d | 12 | 0.91mi |
| 110 NE 46th Ln Ankeny, IA | 2.0–3.0 | 2.0 | 1099 | $1,300 | $1.18 | 14d | 3 | 1.05mi |
| 1735 NW Fieldstream Ln Ankeny, IA | 1.0–2.0 | 1.0–2.0 | 909 | $1,354 | $1.49 | 14d | 40 | 1.16mi |
| 3921 NE Gardenia Ln Ankeny, IA | 2.0 | 1.5 | 1300 | $1,595 | $1.23 | 43d | 1 | 1.20mi |
| 4200 NE 17th Ln Ankeny, IA | 3.0 | 2.5 | 1418 | $1,818 | $1.28 | 14d | 3 | 1.20mi |
| 1211 NE Windsor Dr #208 Ankeny, IA | 2.0 | 2.0 | 1048 | $995 | $0.95 | 43d | 1 | 1.31mi |
| 1219 NE Windsor Dr Unit 1219-208 Ankeny, IA | 2.0 | 2.0 | 1091 | $1,350 | $1.24 | 44d | 1 | 1.36mi |
| 4543 NE McDougal Ln Ankeny, IA | 3.0 | 3.5 | 1520 | $1,895 | $1.25 | 14d | 1 | 1.44mi |
HOA detail
- Monthly dues
- $225 · $2,700/yr
Listing history 20 events
-
2026-05-20status Pending 1135-char remark
Show marketing remark (1135 chars)
Welcome to this well-maintained 2-bedroom, 3-bath townhome in a convenient Ankeny location! This middle-unit home is filled with natural sunlight — something you don’t always find in townhome living. The main level features newer LVP flooring for durability and easy maintenance, along with space for both everyday living and entertaining, including seating for at the kitchen bar and room for a dining table. You'll also appreciate the pantry — a rare and practical feature in many townhomes. Upstairs, the oversized primary suite offers a walk-in closet and private bathroom with shower. A second bedroom and full bathroom provide comfortable space for family, guests, or a home office. The finished basement is a standout feature, offering a great entertainment area complete with a wet bar, space for a full-size refrigerator, and room for barstool seating. The pet-friendly carpet adds comfort while allowing for easy cleanup. The true two-car garage provides full parking for two vehicles. Functional, bright, and move-in ready, this home offers low-maintenance living with flexible space to fit your lifestyle.
-
2026-04-25price $204,000 1135-char remark
Show marketing remark (1135 chars)
Welcome to this well-maintained 2-bedroom, 3-bath townhome in a convenient Ankeny location! This middle-unit home is filled with natural sunlight — something you don’t always find in townhome living. The main level features newer LVP flooring for durability and easy maintenance, along with space for both everyday living and entertaining, including seating for at the kitchen bar and room for a dining table. You'll also appreciate the pantry — a rare and practical feature in many townhomes. Upstairs, the oversized primary suite offers a walk-in closet and private bathroom with shower. A second bedroom and full bathroom provide comfortable space for family, guests, or a home office. The finished basement is a standout feature, offering a great entertainment area complete with a wet bar, space for a full-size refrigerator, and room for barstool seating. The pet-friendly carpet adds comfort while allowing for easy cleanup. The true two-car garage provides full parking for two vehicles. Functional, bright, and move-in ready, this home offers low-maintenance living with flexible space to fit your lifestyle.
-
2026-03-09price $205,000 1135-char remark
Show marketing remark (1135 chars)
Welcome to this well-maintained 2-bedroom, 3-bath townhome in a convenient Ankeny location! This middle-unit home is filled with natural sunlight — something you don’t always find in townhome living. The main level features newer LVP flooring for durability and easy maintenance, along with space for both everyday living and entertaining, including seating for at the kitchen bar and room for a dining table. You'll also appreciate the pantry — a rare and practical feature in many townhomes. Upstairs, the oversized primary suite offers a walk-in closet and private bathroom with shower. A second bedroom and full bathroom provide comfortable space for family, guests, or a home office. The finished basement is a standout feature, offering a great entertainment area complete with a wet bar, space for a full-size refrigerator, and room for barstool seating. The pet-friendly carpet adds comfort while allowing for easy cleanup. The true two-car garage provides full parking for two vehicles. Functional, bright, and move-in ready, this home offers low-maintenance living with flexible space to fit your lifestyle.
-
2026-02-27$215,000 Active 1135-char remark
Show marketing remark (1135 chars)
Welcome to this well-maintained 2-bedroom, 3-bath townhome in a convenient Ankeny location! This middle-unit home is filled with natural sunlight — something you don’t always find in townhome living. The main level features newer LVP flooring for durability and easy maintenance, along with space for both everyday living and entertaining, including seating for at the kitchen bar and room for a dining table. You'll also appreciate the pantry — a rare and practical feature in many townhomes. Upstairs, the oversized primary suite offers a walk-in closet and private bathroom with shower. A second bedroom and full bathroom provide comfortable space for family, guests, or a home office. The finished basement is a standout feature, offering a great entertainment area complete with a wet bar, space for a full-size refrigerator, and room for barstool seating. The pet-friendly carpet adds comfort while allowing for easy cleanup. The true two-car garage provides full parking for two vehicles. Functional, bright, and move-in ready, this home offers low-maintenance living with flexible space to fit your lifestyle.
-
2020-12-02soldstatus $170,000
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2020-12-01soldstatus $169,900 Closed 796-char remark
Show marketing remark (796 chars)
Well-maintained Ankeny Townhome w/ FINISHED BASEMENT! Spacious open floor plan w/ VAULTED ceilings! Kitchen has tons of counter space and plenty of cupboards--and all appliances stay! Living room features new carpet, great natural light and a tiled fireplace to cozy up to in the winter months. HUGE master bedroom with master bathroom and large walk-in closet. Forget lugging clothes up and down stairs, this one has 2nd floor laundry! Lower level is finished and features a wet bar- perfect for entertaining. Plenty of time left for you to step outside and enjoy those Fall evenings on your patio. Avoid the winter elements with a 2 car attached garage! Convenient location close to shopping, restaurants, and minutes from Prairie Ridge Sports Complex. Contact your agent for your showing today
-
2020-11-18soldstatus $236,000
-
2020-10-12status Pending 796-char remark
Show marketing remark (796 chars)
Well-maintained Ankeny Townhome w/ FINISHED BASEMENT! Spacious open floor plan w/ VAULTED ceilings! Kitchen has tons of counter space and plenty of cupboards--and all appliances stay! Living room features new carpet, great natural light and a tiled fireplace to cozy up to in the winter months. HUGE master bedroom with master bathroom and large walk-in closet. Forget lugging clothes up and down stairs, this one has 2nd floor laundry! Lower level is finished and features a wet bar- perfect for entertaining. Plenty of time left for you to step outside and enjoy those Fall evenings on your patio. Avoid the winter elements with a 2 car attached garage! Convenient location close to shopping, restaurants, and minutes from Prairie Ridge Sports Complex. Contact your agent for your showing today
-
2020-10-08status Active 796-char remark
Show marketing remark (796 chars)
Well-maintained Ankeny Townhome w/ FINISHED BASEMENT! Spacious open floor plan w/ VAULTED ceilings! Kitchen has tons of counter space and plenty of cupboards--and all appliances stay! Living room features new carpet, great natural light and a tiled fireplace to cozy up to in the winter months. HUGE master bedroom with master bathroom and large walk-in closet. Forget lugging clothes up and down stairs, this one has 2nd floor laundry! Lower level is finished and features a wet bar- perfect for entertaining. Plenty of time left for you to step outside and enjoy those Fall evenings on your patio. Avoid the winter elements with a 2 car attached garage! Convenient location close to shopping, restaurants, and minutes from Prairie Ridge Sports Complex. Contact your agent for your showing today
-
2020-10-02price $169,900 796-char remark
Show marketing remark (796 chars)
Well-maintained Ankeny Townhome w/ FINISHED BASEMENT! Spacious open floor plan w/ VAULTED ceilings! Kitchen has tons of counter space and plenty of cupboards--and all appliances stay! Living room features new carpet, great natural light and a tiled fireplace to cozy up to in the winter months. HUGE master bedroom with master bathroom and large walk-in closet. Forget lugging clothes up and down stairs, this one has 2nd floor laundry! Lower level is finished and features a wet bar- perfect for entertaining. Plenty of time left for you to step outside and enjoy those Fall evenings on your patio. Avoid the winter elements with a 2 car attached garage! Convenient location close to shopping, restaurants, and minutes from Prairie Ridge Sports Complex. Contact your agent for your showing today
-
2020-09-30historical 796-char remark
Show marketing remark (796 chars)
Well-maintained Ankeny Townhome w/ FINISHED BASEMENT! Spacious open floor plan w/ VAULTED ceilings! Kitchen has tons of counter space and plenty of cupboards--and all appliances stay! Living room features new carpet, great natural light and a tiled fireplace to cozy up to in the winter months. HUGE master bedroom with master bathroom and large walk-in closet. Forget lugging clothes up and down stairs, this one has 2nd floor laundry! Lower level is finished and features a wet bar- perfect for entertaining. Plenty of time left for you to step outside and enjoy those Fall evenings on your patio. Avoid the winter elements with a 2 car attached garage! Convenient location close to shopping, restaurants, and minutes from Prairie Ridge Sports Complex. Contact your agent for your showing today
-
2020-09-22price $173,400 796-char remark
Show marketing remark (796 chars)
Well-maintained Ankeny Townhome w/ FINISHED BASEMENT! Spacious open floor plan w/ VAULTED ceilings! Kitchen has tons of counter space and plenty of cupboards--and all appliances stay! Living room features new carpet, great natural light and a tiled fireplace to cozy up to in the winter months. HUGE master bedroom with master bathroom and large walk-in closet. Forget lugging clothes up and down stairs, this one has 2nd floor laundry! Lower level is finished and features a wet bar- perfect for entertaining. Plenty of time left for you to step outside and enjoy those Fall evenings on your patio. Avoid the winter elements with a 2 car attached garage! Convenient location close to shopping, restaurants, and minutes from Prairie Ridge Sports Complex. Contact your agent for your showing today
-
2020-09-15$174,900 Active 796-char remark
Show marketing remark (796 chars)
Well-maintained Ankeny Townhome w/ FINISHED BASEMENT! Spacious open floor plan w/ VAULTED ceilings! Kitchen has tons of counter space and plenty of cupboards--and all appliances stay! Living room features new carpet, great natural light and a tiled fireplace to cozy up to in the winter months. HUGE master bedroom with master bathroom and large walk-in closet. Forget lugging clothes up and down stairs, this one has 2nd floor laundry! Lower level is finished and features a wet bar- perfect for entertaining. Plenty of time left for you to step outside and enjoy those Fall evenings on your patio. Avoid the winter elements with a 2 car attached garage! Convenient location close to shopping, restaurants, and minutes from Prairie Ridge Sports Complex. Contact your agent for your showing today
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2018-01-25soldstatus $157,500
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2018-01-22soldstatus $157,500
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2017-10-19$159,900
-
2014-06-20soldstatus $129,000
-
2014-06-20soldstatus $129,000
-
2014-04-22$134,900
-
2009-06-26soldstatus $126,500
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast IA · Partial reset (capped growth)
- Current annual tax
- $3,318 · $276/mo
- Projected year-2 tax
- $3,318 · $276/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $20,473
- − Mortgage interest
- −$11,427
- − Property taxes
- −$3,318
- − Insurance
- −$1,020
- − Repairs & maintenance
- −$1,638
- − Management
- −$1,638
- − HOA
- −$2,700
- − Depreciation
- −$5,935
- Taxable loss
- −$7,202
- Est. tax savings @ 24.0%
- +$1,729
- After-tax cash flow
- $-1,973/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Ankeny Community School District
- NCES district ID
- 1903690
- Math proficiency
- 80% ▼ -5.00%
- Reading proficiency
- 82% ▬ 0.00%
- Median HH income
- $75,384
- Composite
- 70.91/100
- National rank
- #246
- State rank
- #15 of 289 in IA
Livability — Ankeny
- Score
- 92/100
- State rank
- #3
- US rank
- #29
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Ankeny, IA
- County
- Polk County · 453,298 people
- City population
- 76,589
- Metro
- Des Moines-West Des Moines, IA
- Population (ZIP)
- 46,306
- Household income
- $117,826
- Rent vs Own
- Severe rent burden
- 617.0
Population outlook (Polk County) Hauer SSP2
- Today (2025)
- 548,042 people
- By 2030
- 588,557 · +7.4%
- By 2040
- 670,629 · +22.4%
- By 2050
- 752,830 · +37.4%
- By 2075
- 955,069 · +74.3%
- By 2100
- 1,115,436 · +103.5%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (90%)
- Race & ethnicity
- White 90% Two or more races 4% Asian 3% Hispanic / Latino 3% Black 1%
- Common ancestry
- Portuguese 6% Iranian 3% Slovak 2%
- Foreign-born
- 4% · Canada, South Korea, Vietnam
- Languages at home
- 93% English-only · Spanish 2% Other Asian/Pacific 2% Russian/Polish/Slavic 1%
Political lean MEDSL · Polk
- 2024 margin
- D (+10.9) · D 54.8% · R 43.9% · Other 1.3%
- 2008→2024 swing
- -3.7pp toward R · 2008: 14.6pp · 2024: 10.9pp
- All cycles
- 2024: D+10.9 2020: D+15.2 2016: D+11.5 2012: D+14.2 2008: D+14.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -135.67%
- Current HPI
- 215.1034
- Rent YoY
- ▲ 0.75%
- Metro
- Des Moines-West Des Moines, IA
- State GDP YoY
- ▲ 2.48%
- F500 in state
- 4
Industry mix (Fortune 500 HQ in IA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Financial Services | 1 | $16B |
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| Retail / Convenience | 1 | $15B |
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Price history
+61.3% since first listed20 events — show timeline
- 2026-05-20 Pending — DMMLS
- 2026-04-25 Price Changed $204,000 DMMLS
- 2026-03-09 Price Changed $205,000 DMMLS
- 2026-02-27 Listed $215,000 DMMLS
- 2020-12-02 Sold (Public Records) $170,000 Public Records
- 2020-12-01 Sold (MLS) $169,900 DMMLS
- 2020-11-18 Sold (Public Records) $236,000 Public Records
- 2020-10-12 Pending — DMMLS
- 2020-10-08 Relisted — DMMLS
- 2020-10-02 Price Changed $169,900 DMMLS
- 2020-09-30 Listing Removed — DMMLS
- 2020-09-22 Price Changed $173,400 DMMLS
- 2020-09-15 Listed $174,900 DMMLS
- 2018-01-25 Sold (Public Records) $157,500 Public Records
- 2018-01-22 Sold (MLS) $157,500 DMMLS
- 2017-10-19 Listed $159,900 DMMLS
- 2014-06-20 Sold (Public Records) $129,000 Public Records
- 2014-06-20 Sold (MLS) $129,000 DMMLS
- 2014-04-22 Listed $134,900 DMMLS
- 2009-06-26 Sold (Public Records) $126,500 Public Records
Property tax history
+0.8%/yrLatest (2025): $3,318 · +2.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…