2416 Grand River Dr, Des Moines, IA, 50320 | $378/mo Cash Flow

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

Investment property for sale in Des Moines at 2416 Grand River Dr, Des Moines, IA, 50320 uses $104,423 cash to close to unlock $4,536/yr annual cash flow and $378/mo monthly cash flow. Total monthly income runs $2,424/mo, and a $1,542/mo payment keeps the spread at $378/mo. Purchase price stands at $315,000, and rental yield measures 9.23% with $2,424/mo rent. Return on cash invested shows 24.25% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 126.54% and total cumulative return in cash records $132,137. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,424/mo property income covering a $1,542/mo payment rather than investor’s personal income.

Single Family

Built in 2004

7,971 sqft lot

$N/A/sqft

No HOA