1910 King Ave,Des Moines,IA,50320

Investment Highlights

Investment property for sale in Des Moines at 1910 King Ave, Des Moines, IA, 50320 offers a 9.37% rental yield on a $117,500 purchase with $917/mo rent. Total monthly income registers $917/mo, and a $575/mo payment leaves $154/mo available for distribution. Annual cash flow reaches $1,848/yr on $38,951 to close, and return on cash invested stands at 24.65% in year one. Equity gained on principal adds $758/yr while 5% annual appreciation supports $32,463 over five years. Portfolio math shows five-year ROI at 128.66% and total cumulative return in cash at $50,114. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $917/mo property income against a $575/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.