1635 E Watrous Ave, Des Moines, IA, 50320 | 4.75% Rental Yield

For Sale

Listed for sale 6 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Des Moines at 1635 E Watrous Ave, Des Moines, IA, 50320 offers a 4.75% rental yield on a $349,900 purchase with $1,385/mo rent. 72% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 54.02% and total cumulative return in cash at $62,658. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,385/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2003

10,541 sqft lot

$N/A/sqft

No HOA