314 42nd StDes MoinesIA50312
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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
Total monthly income runs $3,308/mo, and a $2,690/mo payment. Purchase price stands at $549,500, and rental yield measures 7.22% with $3,308/mo rent. Return on cash invested shows 18.33% in year one, and 5% annual appreciation builds toward $151,817 over five years. Five-year ROI reaches 94.73% and total cumulative return in cash records $171,261. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,308/mo property income covering a $2,690/mo payment rather than investor’s personal income.
Single Family
Built in 1883
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50312, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,317 (100%) |
| Owner Occupied HU | 4,524 (54.4%) |
| Renter Occupied HU | 3,187 (38.3%) |
| Vacant Housing Units | 606 ( 7.3%) |
| Median Home Value | $380,171 |
| Average Home Value | $451,211 |
Housing Distribution
Address Breakdown
Residential
7,800
Single Family
4,803
Multi-Family
2,997
Businesses
458
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Listed by: N/A • N/A
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Mls ID: #N/A