1185 Grays Pkwy, Des Moines, IA, 50309 | Equity Gain $9,966/yr

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Des Moines at 1185 Grays Pkwy, Des Moines, IA, 50309 generates $1,478/mo in rent, after a $7,559/mo payment. Total monthly income is $1,478/mo. Return on cash invested sits at -0.14% in year one, and rental yield is 1.15% on a $1,544,450 entry. Equity gained on principal adds $9,966/yr, while 5% annual appreciation builds toward $426,703 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,478/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

1,829 sqft lot

$N/A/sqft

No HOA