2733 E Grand AveDes MoinesIA50317
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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 2733 E Grand Ave, Des Moines, IA, 50317 generates $883/mo in rent and, after a $538/mo payment, leaves $169/mo in cash flow. Total monthly income is $883/mo, and annual cash flow is $2,030/yr on $36,432 invested. Return on cash invested sits at 25.48% in year one, and rental yield is 9.64% on a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 133.25% and total cumulative return in cash sums $48,544. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $883/mo property income rather than buyer’s personal income.
Single Family
Built in 1921
7,492 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
15,138
Single Family
14,021
Multi-Family
1,117
Businesses
755
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Listed by: Rose, Celeste • Real Broker, LLC
Mls Name: DMMLS
Mls ID: #731225