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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Des Moines at 3623 Cambridge St, Des Moines, IA, 50313 generates $1,116/mo in rent and, after a $724/mo payment, leaves $155/mo in cash flow. Total monthly income is $1,116/mo, and annual cash flow is $1,862/yr on $49,062 invested. Return on cash invested sits at 23.71% in year one, and rental yield is 9.05% on a $148,000 entry. Equity gained on principal adds $955/yr, while 5% annual appreciation builds toward $40,890 over five years. Five-year ROI reaches 123.67% and total cumulative return in cash sums $60,674. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,116/mo property income rather than buyer’s personal income.
Single Family
Built in 1917
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50313, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,209 (100%) |
| Owner Occupied HU | 5,002 (69.4%) |
| Renter Occupied HU | 1,759 (24.4%) |
| Vacant Housing Units | 448 ( 6.2%) |
| Median Home Value | $198,048 |
| Average Home Value | $285,555 |
Residential
6,888
Single Family
6,411
Multi-Family
477
Businesses
945
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jody Henkenius • BHHS First Realty Westown
Mls Name: DMMLS
Mls ID: #727338
