303 Virginia Ave, Des Moines, IA, 50315 | $125/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Des Moines at 303 Virginia Ave, Des Moines, IA, 50315 priced at $200,000 converts $1,424/mo rent into $125/mo cash flow after a $979/mo obligation. Total monthly income equals $1,424/mo, and annual cash flow totals $1,500/yr on $66,300 invested. Return on cash invested prints 22.17% in year one, and rental yield reads 8.54% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 115.36% and total cumulative return in cash sums $76,484. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,424/mo property income covering a $979/mo payment, not borrower’s personal income.

Single Family

Built in 1947

0.25 Acres lot

$N/A/sqft

No HOA