1610 Evans StDes 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
Rental property for sale in Des Moines at 1610 Evans St, Des Moines, IA, 50315 priced at $329,900 pairs $2,184/mo rent with $41/mo cash flow after a $1,615/mo payment. Total monthly income equals $2,184/mo, and annual cash flow comes to $494/yr on $109,362 invested. Return on cash invested is 20.36% in year one, and rental yield stands at 7.94% on a $329,900 basis. Equity gained on principal adds $2,129/yr, and 5% annual appreciation accumulates to $91,145 by year five. Five-year ROI measures 105.69% and total cumulative return in cash reaches $115,587. For financing, Ziffy Mortgage’s DSCR program evaluates $2,184/mo property income against a $1,615/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
0.26 Acres lot
$N/A/sqft
No HOA
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Listed by: Mike Jenkins • Weichert, Realtors-Miller & Clark Agency
Mls Name: CIBR
Mls Provider:
Mls ID: #67056
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.