2905 Arnold RdDes MoinesIA50310
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
Investment Highlights
Investment property for sale in Des Moines at 2905 Arnold Rd, Des Moines, IA, 50310 listed at $286,000 pairs $2,378/mo rent with a $1,400/mo payment to leave $474/mo cash flow. Total monthly income runs $2,378/mo, and annual cash flow reaches $5,693/yr on $94,809 cash to close. Return on cash invested measures 25.91% in year one, and rental yield registers 9.98% at a $286,000 basis. Equity gained on principal adds $1,846/yr, and annual property appreciation at 5% supports $79,017 by year five. Five-year ROI tracks 135.68% and total cumulative return in cash totals $128,636. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,378/mo property income relative to a $1,400/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
0.46 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela McKenzie • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #719895
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.