102 E Center StDes MoinesIA50309
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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
Investment property for sale in Des Moines at 102 E Center St, Des Moines, IA, 50309 at $646,000 posts ROI 2.91% with from $1,398/mo rent. Total monthly income equals $1,398/mo. Return on cash invested measures 2.91% and rental yield reads 2.6% at the current $646,000. Equity gained on principal adds $4,169/yr, and 5% annual appreciation supports $178,478 by year five. Five-year ROI prints 12.55% and total cumulative return in cash totals $26,682. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,398/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2016
1,655 sqft lot
$N/A/sqft
$240 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Darla Willett-Rohrssen • Iowa Realty Mills Crossing
Mls Name: DMMLS
Mls Provider:
Mls ID: #726126
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.