Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Des Moines at 2614 40th Pl, Des Moines, IA, 50310 generates $1,389/mo in rent and, after a $905/mo payment, leaves $188/mo in cash flow. Total monthly income is $1,389/mo, and annual cash flow is $2,258/yr on $61,294 invested. Return on cash invested sits at 23.59% in year one, and rental yield is 9.01% on a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 123.08% and total cumulative return in cash sums $75,439. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,389/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50310, Des Moines, IA area.
| 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 |
Residential
13,690
Single Family
11,750
Multi-Family
1,940
Businesses
755
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: John Gentile • Realty ONE Group Impact
Mls Name: DMMLS
Mls ID: #720016
