1807 E Walnut StDes MoinesIA50316
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 1807 E Walnut St, Des Moines, IA, 50316 in Des Moines is narrow, $159/mo net on $1,062/mo rent after the $625/mo debt service, but the property operates at break-even-plus, not a loss. At $139,000 with a 9.17% yield, the long-run equity case via 5% appreciation ($38,403 over five years) and $1,280/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.70 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $63,164.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.5% |
| Monthly Cash Flow | $159 | $450 |
City averages based on Des Moines market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,062 |
| Total Monthly Debt Service | $847 |
| DSCR Ratio | 1.25x |
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.
Single Family
Built in 1946
9,278 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50316, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,465 (100%) |
| Owner Occupied HU | 3,346 (51.8%) |
| Renter Occupied HU | 2,621 (40.5%) |
| Vacant Housing Units | 498 ( 7.7%) |
| Median Home Value | $150,369 |
| Average Home Value | $226,314 |
Housing Distribution
Address Breakdown
Residential
5,910
Single Family
4,964
Multi-Family
946
Businesses
468
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
Single Family
Built in 1946
9,278 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50316, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,465 (100%) |
| Owner Occupied HU | 3,346 (51.8%) |
| Renter Occupied HU | 2,621 (40.5%) |
| Vacant Housing Units | 498 ( 7.7%) |
| Median Home Value | $150,369 |
| Average Home Value | $226,314 |
Housing Distribution
Address Breakdown
Residential
5,910
Single Family
4,964
Multi-Family
946
Businesses
468
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: DMMLS
Mls ID: #734833