215 W Des Moines StBrooklynIA52211
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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
Rental property for sale in Brooklyn at 215 W Des Moines St, Brooklyn, IA, 52211 priced at $104,900 pairs $835/mo rent with $154/mo cash flow after a $513/mo payment. Total monthly income equals $835/mo, and annual cash flow comes to $1,850/yr on $34,774 invested. Return on cash invested is 25.23% in year one, and rental yield stands at 9.55% on a $104,900 basis. Equity gained on principal adds $677/yr, and 5% annual appreciation accumulates to $28,982 by year five. Five-year ROI measures 131.87% and total cumulative return in cash reaches $45,858. For financing, Ziffy Mortgage’s DSCR program evaluates $835/mo property income against a $513/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52211, Brooklyn, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,553 (100%) |
| Owner Occupied HU | 896 (57.7%) |
| Renter Occupied HU | 225 (14.5%) |
| Vacant Housing Units | 432 (27.8%) |
| Median Home Value | $211,667 |
| Average Home Value | $246,032 |
Housing Distribution
Address Breakdown
Residential
1,054
Single Family
1,054
Multi-Family
0
Businesses
83
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Listed by: Mindy Huls • EXIT Realty & Associates
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327188
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.