2134 High StDes MoinesIA50312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2134 High St, Des Moines, IA, 50312 uses $77,206 cash to close to unlock $3,182/yr annual cash flow and $265/mo monthly cash flow. Total monthly income runs $2,110/mo, and a $1,140/mo payment keeps the spread at $265/mo. Purchase price stands at $232,900, and rental yield measures 10.87% with $2,110/mo rent. Return on cash invested shows 24.03% in year one, and 5% annual appreciation builds toward $64,346 over five years. Five-year ROI reaches 127.26% and total cumulative return in cash records $98,249. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,110/mo property income covering a $1,140/mo payment rather than investor’s personal income.
Townhouse
Built in 2008
1,200 sqft lot
$N/A/sqft
$215 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50312, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,317 (100%) |
| Owner Occupied HU | 4,524 (54.4%) |
| Renter Occupied HU | 3,187 (38.3%) |
| Vacant Housing Units | 606 ( 7.3%) |
| Median Home Value | $380,171 |
| Average Home Value | $451,211 |
Housing Distribution
Address Breakdown
Residential
7,800
Single Family
4,803
Multi-Family
2,997
Businesses
458
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A