3525 Center 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
Rental property for sale in Des Moines at 3525 Center St, Des Moines, IA, 50312 generates $1,005/mo in rent and, after a $636/mo payment, leaves $161/mo in cash flow. Total monthly income is $1,005/mo, and annual cash flow is $1,932/yr on $43,095 invested. Return on cash invested sits at 24.39% in year one, and rental yield is 9.28% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 127.26% and total cumulative return in cash sums $54,843. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,005/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
6,708 sqft 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: Cruz, Ana • RE/MAX Concepts
Mls Name: DMMLS
Mls ID: #729049