2630 Sheridan Ave, Des Moines, IA, 50310 | $271/mo Cash Flow

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2630 Sheridan Ave, Des Moines, IA, 50310 | $271/mo Cash Flow | 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 2630 Sheridan Ave, Des Moines, IA, 50310 earns $271/mo cash flow from $1,472/mo rent with a $905/mo payment. Total monthly income totals $1,472/mo, and annual cash flow totals $3,252/yr on $61,328 capital. ROI tracks 25.21% on current figures, and rental yield reads 9.55% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 131.67% and total cumulative return in cash sums $80,751. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,472/mo property income instead of your personal income.

Single Family

Built in 1941

0.45 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled at the end of a private lane and surrounded by a serene mix of mature trees and wildlife, this hidden gem offers the perfect blend of peaceful country charm and everyday convenience. Set on nearly half an acre, this cozy 2-bedroom, 1-bathroom home features original hardwood floors, some newer windows, a newer roof, and a new AC unit for added comfort and efficiency. The walkout basementalready plumbed for a second bathroomoffers tons of potential for additional living space, a guest suite, or a home office. Its a rare opportunity for anyone dreaming of a simpler, more grounded lifestylealready equipped for chickens, ducks, and the beginnings of your very own homestead. An oversized heated garage and an additional storage shed provide ample room for tools, toys, and projects, while the large patio invites you to relax, entertain, or simply enjoy the natural beauty of your peaceful, wooded surroundings. Call your Realtor today for a showing!

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