1179 Grays PkwyDes 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 1179 Grays Pkwy, Des Moines, IA, 50309 listed at $1,415,275 pairs $1,478/mo rent with a $6,927/mo payment. Total monthly income runs $1,478/mo. Return on cash invested measures 0.18% in year one, and rental yield registers 1.25% at a $1,415,275 basis. Equity gained on principal adds $9,133/yr, and annual property appreciation at 5% supports $391,014 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,478/mo property income relative to a $6,927/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
1,960 sqft lot
$N/A/sqft
No HOA
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Listed by: Hanna Carlson • Hubbell Homes of Iowa, LLC
Mls Name: DMMLS
Mls ID: #729542