2022 E 39th St, Des Moines, IA, 50317 | $151/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2022 E 39th St, Des Moines, IA, 50317 | $151/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Des Moines at 2022 E 39th St, Des Moines, IA, 50317 uses $77,737 cash to close to unlock $1,810/yr annual cash flow and $151/mo monthly cash flow. Total monthly income runs $1,674/mo, and a $1,148/mo payment keeps the spread at $151/mo. Purchase price stands at $234,500, and rental yield measures 8.57% with $1,674/mo rent. Return on cash invested shows 22.24% in year one, and 5% annual appreciation builds toward $64,788 over five years. Five-year ROI reaches 115.73% and total cumulative return in cash records $89,968. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,674/mo property income covering a $1,148/mo payment rather than investor’s personal income.

Single Family

Built in 1938

6,316 sqft lot

$N/A/sqft

No HOA

More details about the property

Renovated bungalow with quiet front facing school. The home features neutral tones with crisp white trim. A long, paved driveway provides easy access to a detached two-car garage in the back. The spacious yard offers plenty of green space, perfect for outdoor activities or future landscaping. Set on a quiet residential street, this home has inviting curb appeal and a clean, move-in-ready exterior. Inside the bright and spacious living area features rich flooring and neutral walls that create a warm, inviting atmosphere. Large windows allow plenty of natural light to fill the room, while modern light fixtures add a clean, updated touch. The open layout flows seamlessly toward the kitchen and staircase, offering flexibility for various furniture arrangements. Perfect for both relaxing and entertaining.

Neighborhood Data

Neighborhood data shown for ZIP Code: 50317, Des Moines, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,159 (100%)
Owner Occupied HU	10,616 (65.7%)
Renter Occupied HU	4,615 (28.6%)
Vacant Housing Units	928 ( 5.7%)
Median Home Value	$194,343
Average Home Value	$254,761