31 Keeneland CtPleasant HillIA50327
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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
Rental property for sale in Pleasant Hill at 31 Keeneland Ct, Pleasant Hill, IA, 50327 priced at $318,900 converts $1,500/mo rent into after a $1,561/mo obligation. Total monthly income equals $1,500/mo. Return on cash invested prints 13.42% in year one, and rental yield reads 5.64% against a $318,900 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation compiles into $88,106 by year five. Five-year ROI reaches 68.46% and total cumulative return in cash sums $72,378. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,500/mo property income covering a $1,561/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
2,962 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50327, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,194 (100%) |
| Owner Occupied HU | 3,706 (71.4%) |
| Renter Occupied HU | 1,304 (25.1%) |
| Vacant Housing Units | 184 ( 3.5%) |
| Median Home Value | $336,358 |
| Average Home Value | $371,296 |
Housing Distribution
Address Breakdown
Residential
5,486
Single Family
4,826
Multi-Family
660
Businesses
222
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Listed by: Sara Hopkins • RE/MAX Precision
Mls Name: DMMLS
Mls ID: #732175