1328 Thomas Beck Rd #10Des 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 1328 Thomas Beck Rd #10, Des Moines, IA, 50315 offers a 2.77% rental yield on a $442,000 purchase with $1,022/mo rent. 34% in year one. Equity gained on principal adds $2,852/yr while 5% annual appreciation supports $122,116 over five years. Portfolio math shows five-year ROI at 14.91% and total cumulative return in cash at $21,842. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,022/mo property income against a $2,163/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2023
N/A lot
$N/A/sqft
$175 monthly HOA
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Listed by: Benji Webster • Caliber Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #698772
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