1834 E Park AveDes MoinesIA50320
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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 Des Moines at 1834 E Park Ave, Des Moines, IA, 50320 uses $42,266 cash to close to unlock $1,740/yr annual cash flow and $145/mo monthly cash flow. Total monthly income runs $973/mo, and a $624/mo payment keeps the spread at $145/mo. Purchase price stands at $127,500, and rental yield measures 9.16% with $973/mo rent. Return on cash invested shows 24.03% in year one, and 5% annual appreciation builds toward $35,226 over five years. Five-year ROI reaches 125.31% and total cumulative return in cash records $52,966. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $973/mo property income covering a $624/mo payment rather than investor’s personal income.
Single Family
Built in 1977
3,746 sqft lot
$N/A/sqft
No HOA
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Listed by: Amy Wilkins • RE/MAX Concepts
Mls Name: DMMLS
Mls ID: #720113