1106 Gratis AveDes 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
Investment property for sale in Des Moines at 1106 Gratis Ave, Des Moines, IA, 50315 earns $630/mo cash flow from $1,835/mo rent with a $905/mo payment. Total monthly income totals $1,835/mo, and annual cash flow totals $7,566/yr on $61,294 capital. ROI tracks 32.25% on current figures, and rental yield reads 11.91% at a $184,900 purchase. Equity gained on principal adds $1,193/yr, and 5% annual appreciation supports $51,084 over five years. Five-year ROI reaches 169.5% and total cumulative return in cash sums $103,891. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,835/mo property income instead of your personal income.
Single Family
Built in 1951
0.45 Acres lot
$N/A/sqft
No HOA
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Listed by: Rose, Celeste • Real Broker, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #721058
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.