2028 SW 1st StDes MoinesIA50315
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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 2028 SW 1st St, Des Moines, IA, 50315 uses $88,842 cash to close to unlock $2,918/yr annual cash flow and $243/mo monthly cash flow. Total monthly income runs $1,984/mo, and a $1,312/mo payment keeps the spread at $243/mo. Purchase price stands at $268,000, and rental yield measures 8.88% with $1,984/mo rent. Return on cash invested shows 23.19% in year one, and 5% annual appreciation builds toward $74,043 over five years. Five-year ROI reaches 120.9% and total cumulative return in cash records $107,409. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,984/mo property income covering a $1,312/mo payment rather than investor’s personal income.
Single Family
Built in 1948
0.32 Acres lot
$N/A/sqft
No HOA
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Listed by: Alisha Stewart • Goldfinch Realty Group
Mls Name: DMMLS
Mls Provider:
Mls ID: #720975
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