300 Walnut St #2109Des 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 #2109, Des Moines, IA, 50309 listed at $469,900 pairs $2,521/mo rent with a $2,300/mo payment. Total monthly income runs $2,521/mo. Return on cash invested measures 6% in year one, and rental yield registers 6.44% at a $469,900 basis. Equity gained on principal adds $3,032/yr, and annual property appreciation at 5% supports $129,825 by year five. Five-year ROI tracks 32.23% and total cumulative return in cash totals $50,198. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,521/mo property income relative to a $2,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
N/A lot
$N/A/sqft
$1,055 monthly HOA
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Listed by: Michael Caligiuri • Iowa Realty Mills Crossing
Mls Name: DMMLS
Mls Provider:
Mls ID: #692822
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