1243 Hackley AveDes MoinesIA50315
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 1243 Hackley Ave, Des Moines, IA, 50315 in Des Moines earns a 11.88% gross yield at $129,900. Rent of $1,286/mo nets $443/mo after the $584/mo mortgage. The 2.20 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $35,889 and $1,196/yr in equity accumulation project a total cumulative return of $77,960.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 6.5% |
| Monthly Cash Flow | $443 | $450 |
City averages based on Des Moines market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,286 |
| Total Monthly Debt Service | $792 |
| DSCR Ratio | 1.62x |
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 1929
7,013 sqft lot
$N/A/sqft
No HOA
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 1929
7,013 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Talor Woodson • Iowa Realty Ankeny
Mls Name: DMMLS
Mls ID: #729215