361 Edgewood LnPleasant HillIA50327
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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 Pleasant Hill at 361 Edgewood Ln, Pleasant Hill, IA, 50327 priced at $336,900 pairs $2,777/mo rent with $551/mo cash flow after a $1,649/mo payment. Total monthly income equals $2,777/mo, and annual cash flow comes to $6,613/yr on $111,682 invested. Return on cash invested is 25.83% in year one, and rental yield stands at 9.89% on a $336,900 basis. Equity gained on principal adds $2,174/yr, and 5% annual appreciation accumulates to $93,079 by year five. Five-year ROI measures 135.18% and total cumulative return in cash reaches $150,977. For financing, Ziffy Mortgage’s DSCR program evaluates $2,777/mo property income against a $1,649/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
10,105 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50327, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,194 (100%) |
| Owner Occupied HU | 3,706 (71.4%) |
| Renter Occupied HU | 1,304 (25.1%) |
| Vacant Housing Units | 184 ( 3.5%) |
| Median Home Value | $336,358 |
| Average Home Value | $371,296 |
Housing Distribution
Address Breakdown
Residential
5,486
Single Family
4,826
Multi-Family
660
Businesses
222
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Listed by: Brodie Wubben • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #717877
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.