1328 Thomas Beck Rd #12Des 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
Rental property for sale in Des Moines at 1328 Thomas Beck Rd #12, Des Moines, IA, 50315 generates $1,022/mo in rent, after a $2,261/mo payment. Total monthly income is $1,022/mo. Return on cash invested sits at 3.04% in year one, and rental yield is 2.65% on a $462,000 entry. Equity gained on principal adds $2,981/yr, while 5% annual appreciation builds toward $127,642 over five years. Five-year ROI reaches 13.27% and total cumulative return in cash sums $20,321. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,022/mo property income rather than buyer’s personal income.
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: #698770
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