1236 Thornton 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 1236 Thornton Ave, Des Moines, IA, 50315 at $147,000 posts ROI 29.61% with $394/mo cash flow from $1,348/mo rent. Total monthly income equals $1,348/mo, and annual cash flow records $4,726/yr on $48,731 to close. Return on cash invested measures 29.61% and rental yield reads 11% at the current $147,000. Equity gained on principal adds $949/yr, and 5% annual appreciation supports $40,613 by year five. Five-year ROI prints 155.26% and total cumulative return in cash totals $75,660.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,348/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
5,140 sqft lot
$N/A/sqft
No HOA
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Listed by: Shannon Salmon • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #709289
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.