1200-1204 SW Watrous Ave, Des Moines, IA, 50315 | $130/mo Cash Flow

For Sale

Currently Rented

Listed for sale 7 days ago

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 1200-1204 SW Watrous Ave, Des Moines, IA, 50315 listed at $315,000 pairs $2,176/mo rent with a $1,542/mo payment to leave $130/mo cash flow. Total monthly income runs $2,176/mo, and annual cash flow reaches $1,560/yr on $104,423 cash to close. Return on cash invested measures 21.4% in year one, and rental yield registers 8.29% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 111.25% and total cumulative return in cash totals $116,165. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,176/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1976

9,757 sqft lot

$N/A/sqft

No HOA