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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Des Moines at 237 E Dunham Ave, Des Moines, IA, 50315 with 5% annual appreciation on a $145,000 basis while $1,126/mo rent supports operations. Total monthly income totals $1,126/mo and a $710/mo payment preserves $184/mo for cash returns. Annual cash flow comes to $2,208/yr on $48,068 deployed, and return on cash invested reaches 24.5% in year one. Equity gained on principal adds $936/yr, and five-year appreciation sums $40,061 alongside rental yield of 9.32%. Five-year ROI measures 127.84% and total cumulative return in cash totals $61,448.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,126/mo property income versus a $710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
5,009 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-04-26 | Listed for sale | $145,000 |
| 2013-03-29 | Sold | $32,155 |
| 2006-12-19 | Sold | $65,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $1974.00 | -2.95% | $100,300 | N/A |
| 2023-04-30 | $2034.00 | 0.79% | $100,300 | 16.22% |
| 2022-04-30 | $2018.00 | 7.23% | $86,300 | N/A |
Listed by: Roberta McAfee • McAfee Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #716694
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