3102 SE 8th St, Des Moines, IA, 50315 | $468/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

Investment property for sale in Des Moines at 3102 SE 8th St, Des Moines, IA, 50315 uses $45,581 cash to close to unlock $5,616/yr annual cash flow and $468/mo monthly cash flow. Total monthly income runs $1,361/mo, and a $673/mo payment keeps the spread at $468/mo. Purchase price stands at $137,500, and rental yield measures 11.88% with $1,361/mo rent. Return on cash invested shows 32.23% in year one, and 5% annual appreciation builds toward $37,989 over five years. Five-year ROI reaches 169.32% and total cumulative return in cash records $77,177. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,361/mo property income covering a $673/mo payment rather than investor’s personal income.

Single Family

Built in 1932

5,749 sqft lot

$N/A/sqft

No HOA