3400 SW 37th St,Des Moines,IA,50321

Investment Highlights

Investment property for sale in Des Moines at 3400 SW 37th St, Des Moines, IA, 50321 offers a 9.42% rental yield on a $396,300 purchase with $3,110/mo rent. Total monthly income registers $3,110/mo, and a $1,940/mo payment leaves $536/mo available for distribution. Annual cash flow reaches $6,431/yr on $131,373 to close, and return on cash invested stands at 24.8% in year one. Equity gained on principal adds $2,557/yr while 5% annual appreciation supports $109,490 over five years. Portfolio math shows five-year ROI at 129.49% and total cumulative return in cash at $170,118. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,110/mo property income against a $1,940/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.