120 SW 5th St UNIT 101, Des Moines, IA, 50309 | 6.64% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2506 sft

1910 SE Olson Dr, Waukee, IA, 50263

4 Bed
2 Bath
1920 sft

5008 153rd St, Urbandale, IA, 50323

3 Bed
3 Bath
2310 sft

1154 Murphy St, Des Moines, IA, 50309

4 Bed
3 Bath
2190 sft

5115 168th St, Urbandale, IA, 50323

Nearby investment properties with comparable prices

5 Bed
5 Bath
2499 sft

15903 Winston Ave, Urbandale, IA, 50323

5 Bed
3 Bath
1634 sft

416 E Grimes St, Polk City, IA, 50226

5 Bed
3 Bath
1650 sft

65 NW Hidden Knl, Waukee, IA, 50263

3 Bed
3 Bath
2286 sft

1172 Murphy St, Des Moines, IA, 50309

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Des Moines at 120 SW 5th St UNIT 101, Des Moines, IA, 50309 listed at $685,000 pairs $3,790/mo rent with a $3,353/mo payment. Total monthly income runs $3,790/mo. Return on cash invested measures 16.55% in year one, and rental yield registers 6.64% at a $685,000 basis. Equity gained on principal adds $4,420/yr, and annual property appreciation at 5% supports $189,253 by year five. Five-year ROI tracks 85.2% and total cumulative return in cash totals $192,010. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,790/mo property income relative to a $3,353/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1913

N/A lot

$N/A/sqft

No HOA