2000 Nash DrDes MoinesIA50314
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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 2000 Nash Dr, Des Moines, IA, 50314 priced at $279,999 converts $2,182/mo rent into $364/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,182/mo, and annual cash flow totals $4,368/yr on $92,820 invested. Return on cash invested prints 24.61% in year one, and rental yield reads 9.35% against a $279,999 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation compiles into $77,359 by year five. Five-year ROI reaches 128.45% and total cumulative return in cash sums $119,228. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,182/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 1932
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50314, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,989 (100%) |
| Owner Occupied HU | 1,688 (33.8%) |
| Renter Occupied HU | 2,661 (53.3%) |
| Vacant Housing Units | 640 (12.8%) |
| Median Home Value | $168,263 |
| Average Home Value | $200,574 |
Housing Distribution
Address Breakdown
Residential
4,535
Single Family
3,252
Multi-Family
1,283
Businesses
370
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Listed by: Dakotah Reed • Iowa Realty Ankeny
Mls Name: DMMLS
Mls Provider:
Mls ID: #706638
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.