201 Grand Ave UNIT 107Des MoinesIA50309
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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
Investment property for sale in Des Moines at 201 Grand Ave UNIT 107, Des Moines, IA, 50309 earns from $3,010/mo rent with a $1,909/mo payment. Total monthly income totals $3,010/mo. ROI tracks 19.53% on current figures, and rental yield reads 9.26% at a $390,000 purchase. Equity gained on principal adds $2,517/yr, and 5% annual appreciation supports $107,750 over five years. Five-year ROI reaches 102.92% and total cumulative return in cash sums $133,064. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,010/mo property income instead of your personal income.
Condo
Built in 2006
1,132 sqft lot
$N/A/sqft
$350 monthly HOA
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Listed by: Luanne Myers • LPT Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #714856
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.