2811 SE 22nd St UNIT 240Des MoinesIA50320
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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
Investment property for sale in Des Moines at 2811 SE 22nd St UNIT 240, Des Moines, IA, 50320 earns from $1,081/mo rent with a $680/mo payment. Total monthly income totals $1,081/mo. ROI tracks 16.42% on current figures, and rental yield reads 9.33% at a $139,000 purchase. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 over five years. Five-year ROI reaches 87.6% and total cumulative return in cash sums $40,364. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,081/mo property income instead of your personal income.
Townhouse
Built in 1996
1,306 sqft lot
$N/A/sqft
$220 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Jason Miller • Weichert, Realtors-Miller & Clark Agency
Mls Name: CIBR
Mls Provider:
Mls ID: #68455
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.