3713 Williams StDes MoinesIA50317
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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
Investment property for sale in Des Moines at 3713 Williams St, Des Moines, IA, 50317 with 5% annual appreciation on a $185,500 basis while $1,390/mo rent supports operations. Total monthly income totals $1,390/mo and a $908/mo payment preserves $185/mo for cash returns. Annual cash flow comes to $2,222/yr on $61,493 deployed, and return on cash invested reaches 23.52% in year one. Equity gained on principal adds $1,197/yr, and five-year appreciation sums $51,250 alongside rental yield of 8.99%. Five-year ROI measures 122.69% and total cumulative return in cash totals $75,447.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,390/mo property income versus a $908/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1981
4,181 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50317, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,159 (100%) |
| Owner Occupied HU | 10,616 (65.7%) |
| Renter Occupied HU | 4,615 (28.6%) |
| Vacant Housing Units | 928 ( 5.7%) |
| Median Home Value | $194,343 |
| Average Home Value | $254,761 |
Housing Distribution
Address Breakdown
Residential
15,138
Single Family
14,021
Multi-Family
1,117
Businesses
755
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Listed by: Mauro De Avila • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #714128
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.