332 E Burnham Ave, Des Moines, IA, 50315 | 7.07% Rental Yield

For Sale

Listed for sale 6 days ago

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 332 E Burnham Ave, Des Moines, IA, 50315 listed at $285,000 pairs $1,680/mo rent with a $1,395/mo payment. Total monthly income runs $1,680/mo. Return on cash invested measures 17.74% in year one, and rental yield registers 7.07% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 91.6% and total cumulative return in cash totals $86,538. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,680/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1998

7,971 sqft lot

$N/A/sqft

No HOA