1510 9th 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
Total monthly income runs $1,099/mo, and a $1,358/mo payment. Purchase price stands at $277,500, and rental yield measures 4.75% with $1,099/mo rent. Return on cash invested shows 10.74% in year one, and 5% annual appreciation builds toward $76,668 over five years. Five-year ROI reaches 54.04% and total cumulative return in cash records $49,708. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,099/mo property income covering a $1,358/mo payment rather than investor’s personal income.
Single Family
Built in 1896
0.49 Acres 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: Jana Severson • Weichert, Miller & Clark
Mls Name: DMMLS
Mls ID: #722091