1914 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
Rental property for sale in Des Moines at 1914 Park Ave, Des Moines, IA, 50315 offers $1,372/mo rent that, after a $3,304/mo payment. Total monthly income is $1,372/mo. Return on cash invested measures 0.53% in year one, and rental yield stands at 2.44% at a $675,000 entry. Equity gained on principal adds $4,356/yr while 5% annual appreciation compounds into $186,490 by year five. Five-year ROI records 0.47% and total cumulative return in cash reaches $1,047. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,372/mo property income versus a $3,304/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2009
8,886 sqft lot
$N/A/sqft
$465 monthly HOA
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Listed by: Clark, Ken • VIA Group, REALTORS
Mls Name: DMMLS
Mls Provider:
Mls ID: #717518
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.