2708 49th StDes 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
Rental property for sale in Des Moines at 2708 49th St, Des Moines, IA, 50310 generates $1,963/mo in rent and, after a $1,258/mo payment, leaves $278/mo in cash flow. Total monthly income is $1,963/mo, and annual cash flow is $3,333/yr on $85,196 invested. Return on cash invested sits at 23.82% in year one, and rental yield is 9.17% on a $257,000 entry. Equity gained on principal adds $1,658/yr, while 5% annual appreciation builds toward $71,004 over five years. Five-year ROI reaches 124.32% and total cumulative return in cash sums $105,912. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,963/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
7,274 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: Dakotah Reed • Iowa Realty Ankeny
Mls Name: DMMLS
Mls Provider:
Mls ID: #714143
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.