1154 Murphy StDes MoinesIA50309
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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 1154 Murphy St, Des Moines, IA, 50309 offers a 7.13% rental yield on a $542,490 purchase with $3,222/mo rent. 52% in year one. Equity gained on principal adds $3,501/yr while 5% annual appreciation supports $149,880 over five years. Portfolio math shows five-year ROI at 85.63% and total cumulative return in cash at $152,824. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,222/mo property income against a $2,655/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2023
N/A lot
$N/A/sqft
$225 monthly HOA
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Listed by: Rob Burditt • Hubbell Homes of Iowa, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #712401
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