3224 SW 13th PlDes MoinesIA50315
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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
Investment property for sale in Des Moines at 3224 SW 13th Pl, Des Moines, IA, 50315 uses $52,709 cash to close to unlock $2,290/yr annual cash flow and $191/mo monthly cash flow. Total monthly income runs $1,243/mo, and a $778/mo payment keeps the spread at $191/mo. Purchase price stands at $159,000, and rental yield measures 9.38% with $1,243/mo rent. Return on cash invested shows 24.25% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 126.72% and total cumulative return in cash records $66,792. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,243/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1922
6,751 sqft lot
$N/A/sqft
No HOA
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Listed by: Roberta McAfee • McAfee Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #721932
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