1422 Harrison AveDes 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 1422 Harrison Ave, Des Moines, IA, 50314 at $246,999 posts ROI 27.61% with $526/mo cash flow from $2,130/mo rent. Total monthly income equals $2,130/mo, and annual cash flow records $6,310/yr on $81,880 to close. Return on cash invested measures 27.61% and rental yield reads 10.35% at the current $246,999. Equity gained on principal adds $1,594/yr, and 5% annual appreciation supports $68,241 by year five. Five-year ROI prints 144.58% and total cumulative return in cash totals $118,384.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,130/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
9,757 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: George Romero • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #718269
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.