2401 Courtland Dr, Des Moines, IA, 50315 | 6.79% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
880 sft

4542 51st St, Des Moines, IA, 50310

2 Bed
2 Bath
1265 sft

6868 Sharon Dr, Urbandale, IA, 50322

2 Bed
2 Bath
1285 sft

2880 Grand Ave APT 109, Des Moines, IA, 50312

2 Bed
1 Bath
1084 sft

3021 49th St, Des Moines, IA, 50310

Nearby investment properties with comparable prices

3 Bed
2 Bath
1091 sft

401 E Wall Ave, Des Moines, IA, 50315

3 Bed
2 Bath
1251 sft

2305 Legacy Dr, Norwalk, IA, 50211

3 Bed
2 Bath
1410 sft

4334 NE 13th St, Ankeny, IA, 50021

3 Bed
2 Bath
1271 sft

508 NW Applewood St, Ankeny, IA, 50023

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Des Moines at 2401 Courtland Dr, Des Moines, IA, 50315 offers $1,842/mo rent that, after a $1,593/mo payment. Total monthly income is $1,842/mo. Return on cash invested measures 16.89% in year one, and rental yield stands at 6.79% at a $325,500 entry. Equity gained on principal adds $2,100/yr while 5% annual appreciation compounds into $89,930 by year five. Five-year ROI records 87.06% and total cumulative return in cash reaches $93,938. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,842/mo property income versus a $1,593/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1957

0.62 Acres lot

$N/A/sqft

No HOA