2014 York StDes MoinesIA50316
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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 2014 York St, Des Moines, IA, 50316 priced at $289,000 converts $1,663/mo rent into after a $1,415/mo obligation. Total monthly income equals $1,663/mo. Return on cash invested prints 17.22% in year one, and rental yield reads 6.91% against a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation compiles into $79,845 by year five. Five-year ROI reaches 88.85% and total cumulative return in cash sums $85,118. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,663/mo property income covering a $1,415/mo payment, not borrower’s personal income.
Single Family
Built in 1914
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
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Listed by: Alec Rieken • Exit Realty Midwest - LeMars
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828472
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.