2442 SE 18th CtDes MoinesIA50320
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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
Investment Highlights
Investment property for sale in Des Moines at 2442 SE 18th Ct, Des Moines, IA, 50320 earns $474/mo cash flow from $2,065/mo rent with a $1,199/mo payment. Total monthly income totals $2,065/mo, and annual cash flow totals $5,688/yr on $81,218 capital. ROI tracks 26.91% on current figures, and rental yield reads 10.11% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 140.79% and total cumulative return in cash sums $114,348. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,065/mo property income instead of your personal income.
Single Family
Built in 1991
7,013 sqft lot
$N/A/sqft
No HOA
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Listed by: Andrew Goodall • Goodall Properties LLC
Mls Name: DMMLS
Mls ID: #732432