2720 Glover Ave,Des Moines,IA,50315

Investment Highlights

Investment property for sale in Des Moines at 2720 Glover Ave, Des Moines, IA, 50315 offers a 9.55% rental yield on a $127,500 purchase with $1,015/mo rent. Total monthly income registers $1,015/mo, and a $624/mo payment leaves $187/mo available for distribution. Annual cash flow reaches $2,244/yr on $42,266 to close, and return on cash invested stands at 25.22% in year one. Equity gained on principal adds $823/yr while 5% annual appreciation supports $35,226 over five years. Portfolio math shows five-year ROI at 131.7% and total cumulative return in cash at $55,666. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,015/mo property income against a $624/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.