1236 Williams StDes MoinesIA50317
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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
Rental property for sale in Des Moines at 1236 Williams St, Des Moines, IA, 50317 offers $1,942/mo rent that, after a $1,378/mo payment, leaves $114/mo cash flow. Total monthly income is $1,942/mo, and annual cash flow is $1,363/yr on $93,317 cash. Return on cash invested measures 21.37% in year one, and rental yield stands at 8.28% at a $281,500 entry. Equity gained on principal adds $1,816/yr while 5% annual appreciation compounds into $77,773 by year five. Five-year ROI records 111.08% and total cumulative return in cash reaches $103,656. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,942/mo property income versus a $1,378/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50317, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,159 (100%) |
| Owner Occupied HU | 10,616 (65.7%) |
| Renter Occupied HU | 4,615 (28.6%) |
| Vacant Housing Units | 928 ( 5.7%) |
| Median Home Value | $194,343 |
| Average Home Value | $254,761 |
Housing Distribution
Address Breakdown
Residential
15,138
Single Family
14,021
Multi-Family
1,117
Businesses
755
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Listed by: Donna Meador • Century 21 Signature
Mls Name: DMMLS
Mls Provider:
Mls ID: #709370
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.