2720 Fleur Dr #14Des MoinesIA50321
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 2720 Fleur Dr #14, Des Moines, IA, 50321 in Des Moines at $540,000. Rental yield 6.59%. The 6.59% yield and 1.22 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $149,192 by year five, and $4,973/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $155,662.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 6.5% |
| Monthly Cash Flow | $(791) | $450 |
City averages based on Des Moines market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,966 |
| Total Monthly Debt Service | $3,542 |
| DSCR Ratio | 0.84x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2023
1,393 sqft lot
$N/A/sqft
$250 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2023
1,393 sqft lot
$N/A/sqft
$250 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matt Mauro • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #694682
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