1232 Carrie 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 1232 Carrie Ave, Des Moines, IA, 50315 listed at $232,500 pairs $1,680/mo rent with a $1,138/mo payment to leave $153/mo cash flow. Total monthly income runs $1,680/mo, and annual cash flow reaches $1,840/yr on $77,074 cash to close. Return on cash invested measures 22.3% in year one, and rental yield registers 8.67% at a $232,500 basis. Equity gained on principal adds $1,500/yr, and annual property appreciation at 5% supports $64,235 by year five. Five-year ROI tracks 116.19% and total cumulative return in cash totals $89,556. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,680/mo property income relative to a $1,138/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
0.26 Acres lot
$N/A/sqft
No HOA
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Listed by: Todd Fatino • Modern Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #721697
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