2220 Hart Ave APT 4Des MoinesIA50320
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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
Investment property for sale in Des Moines at 2220 Hart Ave APT 4, Des Moines, IA, 50320 uses $62,156 cash to close to unlock $4,360/yr annual cash flow and $363/mo monthly cash flow. Total monthly income runs $1,630/mo, and a $918/mo payment keeps the spread at $363/mo. Purchase price stands at $187,500, and rental yield measures 10.43% with $1,630/mo rent. Return on cash invested shows 26.92% in year one, and 5% annual appreciation builds toward $51,803 over five years. Five-year ROI reaches 141.24% and total cumulative return in cash records $87,787. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,630/mo property income covering a $918/mo payment rather than investor’s personal income.
Single Family
Built in 2004
N/A lot
$N/A/sqft
$220 annually HOA
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Listed by: Jason Rude • RE/MAX Precision Corp.
Mls Name: CIBR
Mls Provider:
Mls ID: #66947
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.