1913 E 13th StDes MoinesIA50316
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
Investment Highlights
Investment property for sale in Des Moines at 1913 E 13th St, Des Moines, IA, 50316 earns $278/mo cash flow from $1,541/mo rent with a $952/mo payment. Total monthly income totals $1,541/mo, and annual cash flow totals $3,332/yr on $64,510 capital. ROI tracks 25.07% on current figures, and rental yield reads 9.5% at a $194,600 purchase. Equity gained on principal adds $1,256/yr, and 5% annual appreciation supports $53,764 over five years. Five-year ROI reaches 130.96% and total cumulative return in cash sums $84,485. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,541/mo property income instead of your personal income.
Single Family
Built in 1916
7,971 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: Devin Prendergast • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #729475
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.