1313 13th StDes MoinesIA50314
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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 1313 13th St, Des Moines, IA, 50314 listed at $125,000 pairs $995/mo rent with a $612/mo payment to leave $183/mo cash flow. Total monthly income runs $995/mo, and annual cash flow reaches $2,196/yr on $41,438 cash to close. Return on cash invested measures 25.21% in year one, and rental yield registers 9.55% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 131.66% and total cumulative return in cash totals $54,557. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $995/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1944
4,760 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50314, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,989 (100%) |
| Owner Occupied HU | 1,688 (33.8%) |
| Renter Occupied HU | 2,661 (53.3%) |
| Vacant Housing Units | 640 (12.8%) |
| Median Home Value | $168,263 |
| Average Home Value | $200,574 |
Housing Distribution
Address Breakdown
Residential
4,535
Single Family
3,252
Multi-Family
1,283
Businesses
370
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Listed by: Edwards, James • RE/MAX Real Estate Center
Mls Name: DMMLS
Mls Provider:
Mls ID: #713943
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.