2100 Meadow Chase Ln UNIT 608Des MoinesIA50320
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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 2100 Meadow Chase Ln UNIT 608, Des Moines, IA, 50320 uses $57,681 cash to close to unlock $2,190/yr annual cash flow and $182/mo monthly cash flow. Total monthly income runs $1,536/mo, and a $852/mo payment keeps the spread at $182/mo. Purchase price stands at $174,000, and rental yield measures 10.59% with $1,536/mo rent. Return on cash invested shows 23.71% in year one, and 5% annual appreciation builds toward $48,073 over five years. Five-year ROI reaches 125.33% and total cumulative return in cash records $72,293. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,536/mo property income covering a $852/mo payment rather than investor’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
$205 monthly HOA
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Listed by: Madelynn McFadden • Iowa Realty South
Mls Name: DMMLS
Mls Provider:
Mls ID: #716079
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