110 Seneca AveDes MoinesIA50313
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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 110 Seneca Ave, Des Moines, IA, 50313 at $174,900 posts ROI 31.94% with $581/mo cash flow from $1,717/mo rent. Total monthly income equals $1,717/mo, and annual cash flow records $6,974/yr on $57,979 to close. Return on cash invested measures 31.94% and rental yield reads 11.78% at the current $174,900. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 by year five. Five-year ROI prints 167.81% and total cumulative return in cash totals $97,296.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,717/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
5,070 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50313, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,209 (100%) |
| Owner Occupied HU | 5,002 (69.4%) |
| Renter Occupied HU | 1,759 (24.4%) |
| Vacant Housing Units | 448 ( 6.2%) |
| Median Home Value | $198,048 |
| Average Home Value | $285,555 |
Housing Distribution
Address Breakdown
Residential
6,888
Single Family
6,411
Multi-Family
477
Businesses
945
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Listed by: Jessica Jones • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #707859
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.