2808 44th 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 2808 44th St, Des Moines, IA, 50310 generates $2,306/mo in rent and, after a $1,713/mo payment, leaves $33/mo in cash flow. Total monthly income is $2,306/mo, and annual cash flow is $396/yr on $116,025 invested. Return on cash invested sits at 20.25% in year one, and rental yield is 7.91% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 105.06% and total cumulative return in cash sums $121,898. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,306/mo property income rather than buyer’s personal income.
Single Family
Built in 1932
7,840 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: James Von Gillern • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #720548
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.