1804 47th St, Des Moines, IA, 50310 | $123/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1804 47th St, Des Moines, IA, 50310 | $123/mo Cash Flow | Ziffy

For Sale

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 1804 47th St, Des Moines, IA, 50310 earns $123/mo cash flow from $1,584/mo rent with a $1,101/mo payment. Total monthly income totals $1,584/mo, and annual cash flow totals $1,476/yr on $74,588 capital. ROI tracks 21.89% on current figures, and rental yield reads 8.45% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 113.84% and total cumulative return in cash sums $84,909. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,584/mo property income instead of your personal income.

Single Family

Built in 1940

7,013 sqft lot

$N/A/sqft

No HOA

More details about the property

Move right in to this all brick bungalow in the popular Franklin Park neighborhood nestled between Beaverdale and Waterbury. You will love the hardwood floors and classic details that stretch through the home. The living room is a great size with large windows. A remodeled kitchen features nice appliances and plenty of storage. The 2 bedrooms also have nice hardwood and light. The full bath on the main floor has been remodeled and there is a newer 3/4 bath in the basement. The rest of the basement leaves plenty of opportunity for future finish. An added bonus is the large 2 car garage as well as a great backyard. With all new windows, updated roof and HVAC no big expenses are on the horizon. Located in an InvestDSM district future owners can receive grant money towards future improvements. Schedule a showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 50310, Des Moines, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,226 (100%)
Owner Occupied HU	9,081 (63.8%)
Renter Occupied HU	4,361 (30.7%)
Vacant Housing Units	784 ( 5.5%)
Median Home Value	$237,952
Average Home Value	$269,365