169 NE 56th StPleasant HillIA50327
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 169 NE 56th St, Pleasant Hill, IA, 50327 in Pleasant Hill is straightforward: $229,900 in, $2,166/mo in rent, $498/mo out after debt service. The 11.31% gross yield and 2.09 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $63,517 by year five. With $2,117/yr in principal equity, the total cumulative return is projected at $120,313.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 7.0% |
| Monthly Cash Flow | $498 | $250 |
City averages based on Pleasant Hill market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,166 |
| Total Monthly Debt Service | $1,577 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2023
2,482 sqft lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50327, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,194 (100%) |
| Owner Occupied HU | 3,706 (71.4%) |
| Renter Occupied HU | 1,304 (25.1%) |
| Vacant Housing Units | 184 ( 3.5%) |
| Median Home Value | $336,358 |
| Average Home Value | $371,296 |
Housing Distribution
Address Breakdown
Residential
5,486
Single Family
4,826
Multi-Family
660
Businesses
222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2023
2,482 sqft lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50327, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,194 (100%) |
| Owner Occupied HU | 3,706 (71.4%) |
| Renter Occupied HU | 1,304 (25.1%) |
| Vacant Housing Units | 184 ( 3.5%) |
| Median Home Value | $336,358 |
| Average Home Value | $371,296 |
Housing Distribution
Address Breakdown
Residential
5,486
Single Family
4,826
Multi-Family
660
Businesses
222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin Kimberley • Keller Williams Ankeny Metro
Mls Name: DMMLS
Mls Provider:
Mls ID: #704457
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.