3019 E Douglas AveDes MoinesIA50317
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 3019 E Douglas Ave, Des Moines, IA, 50317 offers a 7.6% rental yield on a $236,900 purchase with $1,501/mo rent. 9% in year one. Equity gained on principal adds $1,529/yr while 5% annual appreciation supports $65,451 over five years. Portfolio math shows five-year ROI at 98.06% and total cumulative return in cash at $77,005. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,501/mo property income against a $1,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1977
10,149 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50317, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,159 (100%) |
| Owner Occupied HU | 10,616 (65.7%) |
| Renter Occupied HU | 4,615 (28.6%) |
| Vacant Housing Units | 928 ( 5.7%) |
| Median Home Value | $194,343 |
| Average Home Value | $254,761 |
Housing Distribution
Address Breakdown
Residential
15,138
Single Family
14,021
Multi-Family
1,117
Businesses
755
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A