2329 Maple StDes MoinesIA50317
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
Investment Highlights
Investment property for sale in Des Moines at 2329 Maple St, Des Moines, IA, 50317 uses $43,427 cash to close to unlock $10,164/yr annual cash flow and $847/mo monthly cash flow. Total monthly income runs $1,733/mo, and a $641/mo payment keeps the spread at $847/mo. Purchase price stands at $131,000, and rental yield measures 15.87% with $1,733/mo rent. Return on cash invested shows 43.31% in year one, and 5% annual appreciation builds toward $36,193 over five years. Five-year ROI reaches 229.23% and total cumulative return in cash records $99,545. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,733/mo property income covering a $641/mo payment rather than investor’s personal income.
Single Family
Built in 1900
6,838 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
15,138
Single Family
14,021
Multi-Family
1,117
Businesses
755
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amanda Simpson • RE/MAX Revolution
Mls Name: DMMLS
Mls Provider:
Mls ID: #665901
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.