2400 Stanton Ave, Des Moines, IA, 50321 | 3.36% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2400 Stanton Ave, Des Moines, IA, 50321 | 3.36% Rental Yield | 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

Rental property for sale in Des Moines at 2400 Stanton Ave, Des Moines, IA, 50321 generates $1,482/mo in rent, after a $2,594/mo payment. Total monthly income is $1,482/mo. Return on cash invested sits at 6.57% in year one, and rental yield is 3.36% on a $529,900 entry. Equity gained on principal adds $3,419/yr, while 5% annual appreciation builds toward $146,402 over five years. Five-year ROI reaches 31.71% and total cumulative return in cash sums $55,283. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,482/mo property income rather than buyer’s personal income.

Single Family

Built in 1951

N/A lot

$N/A/sqft

No HOA

More details about the property

Located in an established SW Des Moines neighborhood, this all-brick ranch sits on a spacious .7 acre lot and comes with an incredible bonus for car enthusiasts. Built in 1951, the home offers original hardwood floors in the main living area and two bedrooms. The updated bathroom includes a convenient stackable washer/dryer, keeping all essentials on one level. The kitchen provides abundant cabinet space, solid-surface countertops, and updated appliances. The full basement doubles your living potential with a finished rec room complete with built-in bar, a utility sink, and stool. A carpeted breezeway with new sliders to a welcoming front deck and a rear patio for outdoor enjoyment, connects the home to the attached garage. Recent improvements include a newer roof (approx. 3 years) and central A/C (approx. 1.5 years). The true highlight is the newly built 72' x 36' outbuilding with 12' walls, capable of housing up to 18 vehicles delivering unmatched value and versatility for collectors, hobbyists, or business owners needing shop or storage space. All information obtained from seller and public records.