1745 Waters Edge DrPleasant HillIA50327
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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 Pleasant Hill at 1745 Waters Edge Dr, Pleasant Hill, IA, 50327 listed at $250,000 pairs $2,063/mo rent with a $1,224/mo payment to leave $439/mo cash flow. Total monthly income runs $2,063/mo, and annual cash flow reaches $5,268/yr on $82,875 cash to close. Return on cash invested measures 26.27% in year one, and rental yield registers 9.9% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 137.31% and total cumulative return in cash totals $113,794. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,063/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2002
2,003 sqft lot
$N/A/sqft
No 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
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Listed by: Pennie Carroll • Pennie Carroll & Associates
Mls Name: DMMLS
Mls ID: #721502