349 E Rose AveDes 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
Rental property for sale in Des Moines at 349 E Rose Ave, Des Moines, IA, 50315 priced at $234,000 converts $2,176/mo rent into $617/mo cash flow after a $1,145/mo obligation. Total monthly income equals $2,176/mo, and annual cash flow totals $7,402/yr on $77,571 invested. Return on cash invested prints 29.45% in year one, and rental yield reads 11.16% against a $234,000 entry. Equity gained on principal adds $1,510/yr, while 5% annual appreciation compiles into $64,650 by year five. Five-year ROI reaches 154.64% and total cumulative return in cash sums $119,955. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,176/mo property income covering a $1,145/mo payment, not borrower’s personal income.
Multi Family
Built in 1972
0.43 Acres lot
$N/A/sqft
No HOA
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Listed by: Ryan Rivera • Zealty Home Advisors
Mls Name: DMMLS
Mls Provider:
Mls ID: #716304
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