119 4th St #210Des 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 119 4th St #210, Des Moines, IA, 50309 offers a 11.73% rental yield on a $275,000 purchase with $2,687/mo rent. Total monthly income registers $2,687/mo, and a $1,346/mo payment leaves $429/mo available for distribution. Annual cash flow reaches $5,145/yr on $91,163 to close, and return on cash invested stands at 25.55% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 135.75% and total cumulative return in cash at $123,755. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,687/mo property income against a $1,346/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
$409 monthly HOA
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Listed by: Sandra Gustafson • BHHS First Realty Westown
Mls Name: DMMLS
Mls Provider:
Mls ID: #709061
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.