1204 Elder Ln, Des Moines, IA, 50315 | $458/mo Cash Flow

For Sale

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 1204 Elder Ln, Des Moines, IA, 50315 earns $458/mo cash flow from $1,854/mo rent with a $1,052/mo payment. Total monthly income totals $1,854/mo, and annual cash flow totals $5,496/yr on $71,273 capital. ROI tracks 27.62% on current figures, and rental yield reads 10.35% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 144.6% and total cumulative return in cash sums $103,057. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,854/mo property income instead of your personal income.

Single Family

Built in 1956

0.26 Acres lot

$N/A/sqft

No HOA