1601 Casady DrDes 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
Investment property for sale in Des Moines at 1601 Casady Dr, Des Moines, IA, 50315 listed at $1,195,000 pairs $4,793/mo rent with a $5,849/mo payment. Total monthly income runs $4,793/mo. Return on cash invested measures 11.17% in year one, and rental yield registers 4.81% at a $1,195,000 basis. Equity gained on principal adds $7,711/yr, and annual property appreciation at 5% supports $330,156 by year five. Five-year ROI tracks 56.29% and total cumulative return in cash totals $217,946. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,793/mo property income relative to a $5,849/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
0.83 Acres lot
$N/A/sqft
No HOA
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Listed by: Heather Wright • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #704848
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.