100 Market St #407 & 408, Des Moines, IA, 50309 | 4.75% Rental Yield

Off market

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Des Moines at 100 Market St #407 & 408, Des Moines, IA, 50309 generates $1,904/mo in rent, after a $2,353/mo payment. Total monthly income is $1,904/mo. Return on cash invested sits at 10.74% in year one, and rental yield is 4.75% on a $480,700 entry. Equity gained on principal adds $3,102/yr, while 5% annual appreciation builds toward $132,809 over five years. Five-year ROI reaches 54.05% and total cumulative return in cash sums $86,132. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,904/mo property income rather than buyer’s personal income.

Condo

Built in 1924

N/A lot

$N/A/sqft

No HOA