1201 E Watrous AveDes MoinesIA50315
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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 1201 E Watrous Ave, Des Moines, IA, 50315 earns $218/mo cash flow from $1,680/mo rent with a $1,062/mo payment. Total monthly income totals $1,680/mo, and annual cash flow totals $2,614/yr on $71,936 capital. ROI tracks 23.54% on current figures, and rental yield reads 9.29% at a $217,000 purchase. Equity gained on principal adds $1,400/yr, and 5% annual appreciation supports $59,953 over five years. Five-year ROI reaches 123.07% and total cumulative return in cash sums $88,529. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,680/mo property income instead of your personal income.
Single Family
Built in 1961
0.36 Acres lot
$N/A/sqft
No HOA
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Listed by: Kate Carlson • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #710774
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.