1227 13th StDes MoinesIA50314
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1227 13th St, Des Moines, IA, 50314 in Des Moines at $130,000 earns $976/mo in rent and nets $132/mo after the $585/mo payment, a 9.01% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $35,917 over five years. Ziffy Mortgage underwrites this on a 1.67 DSCR without U.S. credit history. With $1,197/yr in principal paydown, total projected return reaches $57,917.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.5% |
| Monthly Cash Flow | $132 | $450 |
City averages based on Des Moines market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $976 |
| Total Monthly Debt Service | $793 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1910
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50314, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,989 (100%) |
| Owner Occupied HU | 1,688 (33.8%) |
| Renter Occupied HU | 2,661 (53.3%) |
| Vacant Housing Units | 640 (12.8%) |
| Median Home Value | $168,263 |
| Average Home Value | $200,574 |
Housing Distribution
Address Breakdown
Residential
4,535
Single Family
3,252
Multi-Family
1,283
Businesses
370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1910
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50314, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,989 (100%) |
| Owner Occupied HU | 1,688 (33.8%) |
| Renter Occupied HU | 2,661 (53.3%) |
| Vacant Housing Units | 640 (12.8%) |
| Median Home Value | $168,263 |
| Average Home Value | $200,574 |
Housing Distribution
Address Breakdown
Residential
4,535
Single Family
3,252
Multi-Family
1,283
Businesses
370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gisselle Quiles • RE/MAX Concepts
Mls Name: DMMLS
Mls ID: #733884