3131 Fleur Dr #206 & 208Des MoinesIA50321
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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 Des Moines at 3131 Fleur Dr #206 & 208, Des Moines, IA, 50321 generates $1,334/mo in rent, after a $3,500/mo payment. Total monthly income is $1,334/mo. Return on cash invested sits at 3.18% in year one, and rental yield is 2.24% on a $715,000 entry. Equity gained on principal adds $4,614/yr, while 5% annual appreciation builds toward $197,541 over five years. Five-year ROI reaches 13.47% and total cumulative return in cash sums $31,689. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,334/mo property income rather than buyer’s personal income.
Condo
Built in 1967
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Stacy Martin • RE/MAX Concepts
Mls Name: DMMLS
Mls ID: #724128