1208 Burnham Ave, Des Moines, IA, 50315 | $417/mo Cash Flow

For Sale

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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

Rental property for sale in Des Moines at 1208 Burnham Ave, Des Moines, IA, 50315 generates $1,518/mo in rent and, after a $830/mo payment, leaves $417/mo in cash flow. Total monthly income is $1,518/mo, and annual cash flow is $5,002/yr on $56,189 invested. Return on cash invested sits at 28.81% in year one, and rental yield is 10.75% on a $169,500 entry. Equity gained on principal adds $1,094/yr, while 5% annual appreciation builds toward $46,830 over five years. Five-year ROI reaches 150.98% and total cumulative return in cash sums $84,836. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,518/mo property income rather than buyer’s personal income.

Single Family

Built in 1951

0.34 Acres lot

$N/A/sqft

No HOA