1843 Evergreen Ave,Des Moines,IA,50320

Investment Highlights

Rental property for sale in Des Moines at 1843 Evergreen Ave, Des Moines, IA, 50320 generates $2,618/mo in rent and, after a $1,554/mo payment, leaves $556/mo in cash flow. Total monthly income is $2,618/mo, and annual cash flow is $6,672/yr on $105,251 invested. Return on cash invested sits at 26.25% in year one, and rental yield is 9.89% on a $317,500 entry. Equity gained on principal adds $2,049/yr, while 5% annual appreciation builds toward $87,719 over five years. Five-year ROI reaches 137.22% and total cumulative return in cash sums $144,430. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,618/mo property income rather than buyer’s personal income.