209 E Philip 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 209 E Philip St, Des Moines, IA, 50315 at $200,000 posts ROI 25.86% with $329/mo cash flow from $1,628/mo rent. Total monthly income equals $1,628/mo, and annual cash flow records $3,948/yr on $66,300 to close. Return on cash invested measures 25.86% and rental yield reads 9.77% at the current $200,000. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 by year five. Five-year ROI prints 135.16% and total cumulative return in cash totals $89,612.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,628/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
8,363 sqft lot
$N/A/sqft
No HOA
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Listed by: Susie Sheldahl • Realty One Group Impact
Mls Name: DMMLS
Mls ID: #723212