2906 Druid Hill DrDes MoinesIA50315
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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 2906 Druid Hill Dr, Des Moines, IA, 50315 offers $3,293/mo rent that, after a $2,398/mo payment, leaves $111/mo cash flow. Total monthly income is $3,293/mo, and annual cash flow is $1,334/yr on $162,402 cash. Return on cash invested measures 20.73% in year one, and rental yield stands at 8.07% at a $489,900 entry. Equity gained on principal adds $3,161/yr while 5% annual appreciation compounds into $135,350 by year five. Five-year ROI records 107.67% and total cumulative return in cash reaches $174,857. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,293/mo property income versus a $2,398/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
10,802 sqft lot
$N/A/sqft
No HOA
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Listed by: Maria Torres • Iowa Realty Mills Crossing
Mls Name: DMMLS
Mls Provider:
Mls ID: #710720
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.