2050 E Grand Ave, Des Moines, IA, 50317 | $180/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2050 E Grand Ave, Des Moines, IA, 50317 | $180/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

Rental property for sale in Des Moines at 2050 E Grand Ave, Des Moines, IA, 50317 offers $1,674/mo rent that, after a $1,126/mo payment, leaves $180/mo cash flow. Total monthly income is $1,674/mo, and annual cash flow is $2,160/yr on $76,245 cash. Return on cash invested measures 22.74% in year one, and rental yield stands at 8.73% at a $230,000 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,545 by year five. Five-year ROI records 118.43% and total cumulative return in cash reaches $90,295. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,674/mo property income versus a $1,126/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1906

5,183 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully renovated home that blends quality craftsmanship with modern comfort. Every detail has been updated, making this home completely move-in ready and perfect for todays lifestyle. Step inside to find a bright, open interior featuring granite countertops, updated finishes, and stylish touches throughout. The renovation includes new plumbing, a new roof, and a new water heater, providing both peace of mind and efficiency for years to come. The kitchen shines with modern cabinetry, sleek granite surfaces, and an easy flow to the main living areas ideal for entertaining or family gatherings. Every room reflects careful attention to detail and a commitment to quality. Enjoy your covered porch, perfect for relaxing or hosting guests in any season. The property also offers an extra covered garage or parking area, providing ample space for vehicles, storage, or a workshop. Located in a convenient Des Moines neighborhood, this home offers quick access to schools, shopping, parks, and downtown amenities all while enjoying a quiet residential setting.

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