1147 Blackstone LnPleasant HillIA50327
Nearby investment properties with comparable rents
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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 Pleasant Hill at 1147 Blackstone Ln, Pleasant Hill, IA, 50327 generates $1,466/mo in rent and, after a $807/mo payment, leaves $205/mo in cash flow. Total monthly income is $1,466/mo, and annual cash flow is $2,462/yr on $54,664 invested. Return on cash invested sits at 24.41% in year one, and rental yield is 10.67% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 128.95% and total cumulative return in cash sums $70,492. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,466/mo property income rather than buyer’s personal income.
Condo
Built in 2006
522.72 sqft lot
$N/A/sqft
$190 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50327, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,194 (100%) |
| Owner Occupied HU | 3,706 (71.4%) |
| Renter Occupied HU | 1,304 (25.1%) |
| Vacant Housing Units | 184 ( 3.5%) |
| Median Home Value | $336,358 |
| Average Home Value | $371,296 |
Housing Distribution
Address Breakdown
Residential
5,486
Single Family
4,826
Multi-Family
660
Businesses
222
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Listed by: Ernest Huffey • RE/MAX Revolution
Mls Name: DMMLS
Mls Provider:
Mls ID: #726333
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.