3111 SE 6th St, Des Moines, IA, 50315 | $465/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
768 sft

5793 NW 54th Ct, Johnston, IA, 50131

5 Bed
2 Bath
1064 sft

265/275 Burlington Ave, Martensdale, IA, 50160

2 Bed
1 Bath
775 sft

2817 E 37th Ct, Des Moines, IA, 50317

Investment Property+ 1 more

2 Bed
1 Bath
1032 sft

1144 57th St, Des Moines, IA, 50311

Nearby investment properties with comparable prices

2 Bed
2 Bath
1152 sft

4781 Woodland Ave UNIT 2, West Des Moines, IA, 50266

2 Bed
1 Bath
891 sft

1355 SE 6th St APT 301, Grimes, IA, 50111

4 Bed
1 Bath
1904 sft

718 Hickman Rd, Des Moines, IA, 50314

1 Bed
1 Bath
550 sft

450 7th St #103, Des Moines, IA, 50309

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Des Moines at 3111 SE 6th St, Des Moines, IA, 50315 offers a 11.12% rental yield on a $167,900 purchase with $1,556/mo rent. Total monthly income registers $1,556/mo, and a $822/mo payment leaves $465/mo available for distribution. Annual cash flow reaches $5,584/yr on $55,659 to close, and return on cash invested stands at 29.94% in year one. Equity gained on principal adds $1,083/yr while 5% annual appreciation supports $46,388 over five years. Portfolio math shows five-year ROI at 157.1% and total cumulative return in cash at $87,442. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,556/mo property income against a $822/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1959

9,496 sqft lot

$N/A/sqft

No HOA