1014 Elder LnDes MoinesIA50315
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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
Investment Highlights
Rental property for sale in Des Moines at 1014 Elder Ln, Des Moines, IA, 50315 priced at $209,750 pairs $1,212/mo rent with after a $1,027/mo payment. Total monthly income equals $1,212/mo. Return on cash invested is 17.14% in year one, and rental yield stands at 6.93% on a $209,750 basis. Equity gained on principal adds $1,353/yr, and 5% annual appreciation accumulates to $57,950 by year five. Five-year ROI measures 88.48% and total cumulative return in cash reaches $61,521. For financing, Ziffy Mortgage’s DSCR program evaluates $1,212/mo property income against a $1,027/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
0.26 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Ryan Rohlf • Keller Williams Legacy Group
Mls Name: CIBR
Mls Provider:
Mls ID: #67413
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.