4114 Aplin Rd, Ames, IA 50014

Investment Property for Sale - Rented Through July 2027 This is a fantastic opportunity for investors seeking a turnkey rental property with strong cash flow. This 5-bedroom, 2-bathroom house is located just west of campus and is currently rented through July 2027, providing immediate and stable income. The current rent is $2,400 per month, increasing to $2,500 on August 1st. Key Features: • Location: Ideally situated just west of campus, this property is a highly desirable rental for students and faculty, ensuring consistent tenant demand. • Layout: The main floor features three bedrooms, a recently updated eat-in kitchen with ample storage, a large living room, and an updated full bathroom. The lower level includes two additional bedrooms, a second full bathroom, and plenty of storage space. • Updates: Significant recent updates have been completed, including the roof, siding, gutters, gutter guards, and most of the windows, minimizing future maintenance costs for the new owner. • Amenities: The property includes all kitchen appliances, including a washer and dryer. It also features a large, fenced-in yard, a one-car attached garage, and a one-car detached garage. • Tenant Responsibilities: Tenants are responsible for all utilities and snow removal, while the owners provide lawn care service. This arrangement simplifies property management. Owner's Intent: We are selling this successful asset as part of a 1031 Exchange to facilitate a larger investment project. Therefore, we are looking for a buyer who can accommodate a flexible closing timeline, preferably sometime in April 2026. This property is a solid, low-effort investment. Don't miss this opportunity to acquire a well-maintained, cash-flowing asset in a prime location.