2505 SE 8th St,Des Moines,IA,50315

Investment Highlights

Investment property for sale in Des Moines at 2505 SE 8th St, Des Moines, IA, 50315 listed at $123,000 pairs $968/mo rent with a $602/mo payment to leave $169/mo cash flow. Total monthly income runs $968/mo, and annual cash flow reaches $2,030/yr on $40,775 cash to close. Return on cash invested measures 24.89% in year one, and rental yield registers 9.44% at a $123,000 basis. Equity gained on principal adds $794/yr, and annual property appreciation at 5% supports $33,983 by year five. Five-year ROI tracks 130.05% and total cumulative return in cash totals $53,029. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $968/mo property income relative to a $602/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).