1116 9th StDes MoinesIA50314
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 1116 9th St, Des Moines, IA, 50314 in Des Moines is straightforward: $199,000 in, $1,591/mo in rent, $247/mo out after debt service. The 9.28% gross yield and 1.78 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $54,980 by year five. With $1,833/yr in principal equity, the total cumulative return is projected at $94,950.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.5% |
| Monthly Cash Flow | $247 | $450 |
City averages based on Des Moines market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,591 |
| Total Monthly Debt Service | $1,213 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1971
6,882 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50314, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,989 (100%) |
| Owner Occupied HU | 1,688 (33.8%) |
| Renter Occupied HU | 2,661 (53.3%) |
| Vacant Housing Units | 640 (12.8%) |
| Median Home Value | $168,263 |
| Average Home Value | $200,574 |
Housing Distribution
Address Breakdown
Residential
4,535
Single Family
3,252
Multi-Family
1,283
Businesses
370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1971
6,882 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50314, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,989 (100%) |
| Owner Occupied HU | 1,688 (33.8%) |
| Renter Occupied HU | 2,661 (53.3%) |
| Vacant Housing Units | 640 (12.8%) |
| Median Home Value | $168,263 |
| Average Home Value | $200,574 |
Housing Distribution
Address Breakdown
Residential
4,535
Single Family
3,252
Multi-Family
1,283
Businesses
370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julia Mena • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #715913
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.