3016 Fox Hollow CirDes MoinesIA50321
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 3.82% gross rental yield, 3016 Fox Hollow Cir, Des Moines, IA, 50321 in Des Moines is priced for capital growth, not immediate cash flow. The $367,400 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $101,506 by year five, with $3,384/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.71) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $37,593.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.8% | 6.5% |
| Monthly Cash Flow | $(1,616) | $450 |
City averages based on Des Moines market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,170 |
| Total Monthly Debt Service | $2,640 |
| DSCR Ratio | 0.44x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1994
N/A lot
$N/A/sqft
$400 monthly HOA
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
Condo
Built in 1994
N/A lot
$N/A/sqft
$400 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Travis Reed • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #724573
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