1840 Park AveDes MoinesIA50315
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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 1840 Park Ave, Des Moines, IA, 50315 listed at $1,095,000 pairs $3,425/mo rent with a $5,359/mo payment. Total monthly income runs $3,425/mo. Return on cash invested measures 7.9% in year one, and rental yield registers 3.75% at a $1,095,000 basis. Equity gained on principal adds $7,066/yr, and annual property appreciation at 5% supports $302,528 by year five. Five-year ROI tracks 38.76% and total cumulative return in cash totals $137,518. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,425/mo property income relative to a $5,359/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
0.30 Acres lot
$N/A/sqft
No HOA
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Listed by: Lovell Group . • Real Broker, LLC
Mls Name: East Central Iowa AOR
Mls ID: #152988