120 SW 5th St UNIT 301Des 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 120 SW 5th St UNIT 301, Des Moines, IA, 50309 offers a 10.98% rental yield on a $225,000 purchase with $2,059/mo rent. 14% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 97.96% and total cumulative return in cash at $73,065. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,059/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1913
N/A lot
$N/A/sqft
$563 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Carin Birt • BHHS First Realty Westown
Mls Name: DMMLS
Mls Provider:
Mls ID: #698362
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