2503 Shaw St, Des Moines, IA, 50317 | 7.37% Rental Yield

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2503 Shaw St, Des Moines, IA, 50317 | 7.37% 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

Investment property for sale in Des Moines at 2503 Shaw St, Des Moines, IA, 50317 earns from $1,674/mo rent with a $1,334/mo payment. Total monthly income totals $1,674/mo. ROI tracks 18.63% on current figures, and rental yield reads 7.37% at a $272,500 purchase. Equity gained on principal adds $1,758/yr, and 5% annual appreciation supports $75,287 over five years. Five-year ROI reaches 96.4% and total cumulative return in cash sums $87,078. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,674/mo property income instead of your personal income.

Single Family

Built in 2024

4,965 sqft lot

$N/A/sqft

No HOA

More details about the property

This BRAND-NEW home offers incredible financial perks, including NFC financing with up to a $10,000 forgivable loan and $2,500 toward closing costs?perfect for adding basement finish , privacy fence, or other improvements. Located 3 miles from downtown Des Moines, next to the newly renovated Chesterfield Park, featuring $1.9 million in updates, and overlooking a serene retention pond. Enjoy a 9- year declining tax abatement: 100% of the improved value is abated for the first 6 years, gradually transitioning to full value. This home features an open floor plan. The inviting front porch leads to a spacious living room flowing into the eat-in kitchen, which offers a pantry and stainless steel appliances, including a stove, dishwasher, and rangemounted microwave. Durable LVP flooring runs throughout the main living areas and private primary suite, located at the back of the home for optimal privacy. Three bedrooms and 2 bathrooms are conveniently situated on the main level, providing space and comfort for all. The roughed-in lower level is ready for quick finishing, with space for an additional bedroom (with an egress window) and family room, offering easy equity. Outside, enjoy a 10?x12? storage shed, LP smart siding, and lifetime-duration shingles for peace of mind. Built by NFC Properties, LLC, this is a rare opportunity to create your dream home. Schedule your private showing today! All information obtained from Seller and public records.

Neighborhood Data

Neighborhood data shown for ZIP Code: 50317, Des Moines, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,159 (100%)
Owner Occupied HU	10,616 (65.7%)
Renter Occupied HU	4,615 (28.6%)
Vacant Housing Units	928 ( 5.7%)
Median Home Value	$194,343
Average Home Value	$254,761