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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Des Moines at 1313 Burnham Ave, Des Moines, IA, 50315 offers a 7.2% rental yield on a $279,900 purchase with $1,680/mo rent. 13% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 93.74% and total cumulative return in cash at $86,977. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,680/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.56 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Betsy Haas-Reineck • LPT Realty, LLC
Mls Name: DMMLS
Mls ID: #723580
