1239 Creston 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 1239 Creston Ave, Des Moines, IA, 50315 with 5% annual appreciation on a $270,000 basis while $1,867/mo rent supports operations. Total monthly income totals $1,867/mo and a $1,322/mo payment preserves $113/mo for cash returns. Annual cash flow comes to $1,356/yr on $89,505 deployed, and return on cash invested reaches 21.42% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,596 alongside rental yield of 8.3%. Five-year ROI measures 111.35% and total cumulative return in cash totals $99,661.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,867/mo property income versus a $1,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1934
0.34 Acres lot
$N/A/sqft
No HOA
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Listed by: Matt Mauro • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #707871
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