119 4th St #107, Des Moines, IA, 50309 | $21/mo Cash Flow

For Sale

Currently Rented

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

Investment property for sale in Des Moines at 119 4th St #107, Des Moines, IA, 50309 offers a 7.88% rental yield on a $290,000 purchase with $1,904/mo rent. Total monthly income registers $1,904/mo, and a $1,419/mo payment leaves $21/mo available for distribution. Annual cash flow reaches $252/yr on $96,135 to close, and return on cash invested stands at 20.17% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 104.64% and total cumulative return in cash at $100,600. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,904/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2007

N/A lot

$N/A/sqft

No HOA