1211 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 1211 Watrous Ave, Des Moines, IA, 50315 uses $63,317 cash to close to unlock $8,742/yr annual cash flow and $729/mo monthly cash flow. Total monthly income runs $1,997/mo, and a $935/mo payment keeps the spread at $729/mo. Purchase price stands at $191,000, and rental yield measures 12.55% with $1,997/mo rent. Return on cash invested shows 33.72% in year one, and 5% annual appreciation builds toward $52,770 over five years. Five-year ROI reaches 177.51% and total cumulative return in cash records $112,394. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,997/mo property income covering a $935/mo payment rather than investor’s personal income.
Single Family
Built in 1953
0.30 Acres lot
$N/A/sqft
No HOA
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Listed by: GARY MILLER • Iowa Realty Beaverdale
Mls Name: DMMLS
Mls Provider:
Mls ID: #705525
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