2609 Adams AveDes MoinesIA50310
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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 2609 Adams Ave, Des Moines, IA, 50310 earns $173/mo cash flow from $1,075/mo rent with a $680/mo payment. Total monthly income totals $1,075/mo, and annual cash flow totals $2,071/yr on $46,079 capital. ROI tracks 24.4% on current figures, and rental yield reads 9.28% at a $139,000 purchase. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 over five years. Five-year ROI reaches 127.42% and total cumulative return in cash sums $58,712. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,075/mo property income instead of your personal income.
Single Family
Built in 1939
6,664 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50310, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,226 (100%) |
| Owner Occupied HU | 9,081 (63.8%) |
| Renter Occupied HU | 4,361 (30.7%) |
| Vacant Housing Units | 784 ( 5.5%) |
| Median Home Value | $237,952 |
| Average Home Value | $269,365 |
Housing Distribution
Address Breakdown
Residential
13,690
Single Family
11,750
Multi-Family
1,940
Businesses
755
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Listed by: Amanda Welch • RE/MAX Concepts
Mls Name: DMMLS
Mls ID: #732597