2023 SE 6th St, Des Moines, IA, 50315 | $167/mo Cash Flow

For Sale

Motivated Seller

Listed for sale 7 days ago

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 2023 SE 6th St, Des Moines, IA, 50315 uses $52,543 cash to close to unlock $2,009/yr annual cash flow and $167/mo monthly cash flow. Total monthly income runs $1,197/mo, and a $776/mo payment keeps the spread at $167/mo. Purchase price stands at $158,500, and rental yield measures 9.06% with $1,197/mo rent. Return on cash invested shows 23.73% in year one, and 5% annual appreciation builds toward $43,791 over five years. Five-year ROI reaches 123.81% and total cumulative return in cash records $65,051. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,197/mo property income covering a $776/mo payment rather than investor’s personal income.

Single Family

Built in 1912

5,488 sqft lot

$N/A/sqft

No HOA