1146 9th StDes MoinesIA50314
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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 1146 9th St, Des Moines, IA, 50314 generates $1,962/mo in rent and, after a $927/mo payment, leaves $732/mo in cash flow. Total monthly income is $1,962/mo, and annual cash flow is $8,785/yr on $62,753 invested. Return on cash invested sits at 33.91% in year one, and rental yield is 12.44% on a $189,300 entry. Equity gained on principal adds $1,222/yr, while 5% annual appreciation builds toward $52,300 over five years. Five-year ROI reaches 178.39% and total cumulative return in cash sums $111,945. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,962/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
6,185 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
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