1502 17th StDes 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 1502 17th St, Des Moines, IA, 50314 earns $141/mo cash flow from $1,018/mo rent with a $661/mo payment. Total monthly income totals $1,018/mo, and annual cash flow totals $1,692/yr on $44,753 capital. ROI tracks 23.69% on current figures, and rental yield reads 9.05% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 123.53% and total cumulative return in cash sums $55,285. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,018/mo property income instead of your personal income.
Single Family
Built in 1910
4,007 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: York Taenzer • Iowa Realty Mills Crossing
Mls Name: DMMLS
Mls ID: #732321