139 E Seneca AveDes MoinesIA50313
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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
Investment Highlights
Rental property for sale in Des Moines at 139 E Seneca Ave, Des Moines, IA, 50313 priced at $139,999 pairs $1,062/mo rent with $153/mo cash flow after a $685/mo payment. Total monthly income equals $1,062/mo, and annual cash flow comes to $1,836/yr on $46,410 invested. Return on cash invested is 23.87% in year one, and rental yield stands at 9.1% on a $139,999 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,679 by year five. Five-year ROI measures 124.44% and total cumulative return in cash reaches $57,754. For financing, Ziffy Mortgage’s DSCR program evaluates $1,062/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1912
6,359 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50313, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,209 (100%) |
| Owner Occupied HU | 5,002 (69.4%) |
| Renter Occupied HU | 1,759 (24.4%) |
| Vacant Housing Units | 448 ( 6.2%) |
| Median Home Value | $198,048 |
| Average Home Value | $285,555 |
Housing Distribution
Address Breakdown
Residential
6,888
Single Family
6,411
Multi-Family
477
Businesses
945
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Listed by: Travis Ferguson • KW 1Advantage
Mls Name: DMMLS
Mls ID: #725824