2636 Des Moines St, Des Moines, IA, 50317 | $408/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2636 Des Moines St, Des Moines, IA, 50317 | $408/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 2636 Des Moines St, Des Moines, IA, 50317 uses $64,609 cash to close to unlock $4,898/yr annual cash flow and $408/mo monthly cash flow. Total monthly income runs $1,674/mo, and a $954/mo payment keeps the spread at $408/mo. Purchase price stands at $194,900, and rental yield measures 10.31% with $1,674/mo rent. Return on cash invested shows 27.49% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 143.96% and total cumulative return in cash records $93,015. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,674/mo property income covering a $954/mo payment rather than investor’s personal income.

Single Family

Built in 1916

6,621 sqft lot

$N/A/sqft

No HOA

More details about the property

Newly Updated 3-Bedroom Bungalow Move-In Ready! Discover the perfect blend of charm and modern updates in this beautifully refreshed 3-bedroom bungalow. Whether you're a first time buyer or looking to downsize, this home offers comfort, style, and convenience in every corner. Key Features: *Bright, open living space with updated flooring and fresh paint *Modern kitchen with sleek cabinetry, new countertops, and stainless steel appliances *Three bedrooms *Stylishly renovated bathroom with contemporary finishes *Generous storage throughout *Private backyard, ideal for relaxing, entertaining, or gardening *Detached garage and updated exterior for great curb appeal *Located in a quiet, friendly neighborhood close to schools, parks, and local amenities. Why You'll Love It: This home is move-in ready and full of thoughtful updates that make everyday living easy and enjoyable. From the cozy layout to the fresh finishes, it's a space that feels like home from the moment you walk in. Schedule your private tour today!!

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