2216 Logan Ave, Des Moines, IA, 50317 | $213/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2216 Logan Ave, Des Moines, IA, 50317 | $213/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Des Moines at 2216 Logan Ave, Des Moines, IA, 50317 listed at $225,000 pairs $1,674/mo rent with a $1,101/mo payment to leave $213/mo cash flow. Total monthly income runs $1,674/mo, and annual cash flow reaches $2,556/yr on $74,588 cash to close. Return on cash invested measures 23.34% in year one, and rental yield registers 8.93% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 121.61% and total cumulative return in cash totals $90,705. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,674/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1900

5,880 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully remodeled home, move-in ready and full of modern updates inside and out. Inside you will find a bright and inviting living space with new flooring, fresh paint, and updated lighting that gives the home a warm, contemporary feel. The kitchen has been fully refreshed with new cabinetry, countertops, and stylish fixtures perfect for everyday living and entertaining. The home offers 3 spacious bedrooms and 1 bathroom, including an updated main bath with modern finishes. The finished lower level provides a family room a huge dining area and a good-sized porch. Outside, enjoy a nice yard with room for gardening or outdoor gatherings, plus a good-sized driveway enjoy the 2-car detached garage. Conveniently located near parks, schools, shopping, and I-235 for an easy commute this home combines comfort, style, and value in one perfect package.

Neighborhood Data

Neighborhood data shown for ZIP Code: 50317, Des Moines, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,159 (100%)
Owner Occupied HU	10,616 (65.7%)
Renter Occupied HU	4,615 (28.6%)
Vacant Housing Units	928 ( 5.7%)
Median Home Value	$194,343
Average Home Value	$254,761