300 Walnut St #1805Des MoinesIA50309
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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 300 Walnut St #1805, Des Moines, IA, 50309 offers a 11.45% rental yield on a $179,900 purchase with $1,717/mo rent. 64% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 100.89% and total cumulative return in cash at $60,165. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,717/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1985
N/A lot
$N/A/sqft
$553 monthly HOA
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Listed by: Darla Willett-Rohrssen • Iowa Realty Mills Crossing
Mls Name: DMMLS
Mls Provider:
Mls ID: #704945
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