2200 Hart Ave APT 5Des MoinesIA50320
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 2200 Hart Ave APT 5, Des Moines, IA, 50320 in Des Moines earns a 11.55% gross yield at $155,000. Rent of $1,612/mo nets $296/mo after the $697/mo mortgage. The 2.31 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $42,824 and $1,428/yr in equity accumulation project a total cumulative return of $97,926.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.5% |
| Monthly Cash Flow | $296 | $450 |
City averages based on Des Moines market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,612 |
| Total Monthly Debt Service | $945 |
| DSCR Ratio | 1.71x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
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
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DeAnn Lee Holland • RE/MAX Revolution
Mls Name: DMMLS
Mls ID: #720285