2220 E Rose Ave,Des Moines,IA,50320

Investment Highlights

Investment property for sale in Des Moines at 2220 E Rose Ave, Des Moines, IA, 50320 offers a 9.04% rental yield on a $155,000 purchase with $1,168/mo rent. Total monthly income registers $1,168/mo, and a $759/mo payment leaves $161/mo available for distribution. Annual cash flow reaches $1,932/yr on $51,383 to close, and return on cash invested stands at 23.67% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 123.39% and total cumulative return in cash at $63,400. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,168/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.