1255 E 27th CtDes MoinesIA50317
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 1255 E 27th Ct, Des Moines, IA, 50317 in Des Moines is listed at $156,500 and delivers $1,475/mo in rent and $458/mo in net monthly cash flow. The 11.31% yield and 2.10 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $43,238 over five years, and $1,441/yr in principal reduction supplements cash return. Total projected cumulative return: $89,071.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 6.5% |
| Monthly Cash Flow | $458 | $450 |
City averages based on Des Moines market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,475 |
| Total Monthly Debt Service | $954 |
| DSCR Ratio | 1.55x |
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 1954
7,492 sqft 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
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 1954
7,492 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anthony Lyne • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #721063
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.