3822 SW 2nd StDes 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
Investment property for sale in Des Moines at 3822 SW 2nd St, Des Moines, IA, 50315 uses $65,637 cash to close to unlock $1,850/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $1,440/mo, and a $969/mo payment keeps the spread at $154/mo. Purchase price stands at $198,000, and rental yield measures 8.73% with $1,440/mo rent. Return on cash invested shows 22.73% in year one, and 5% annual appreciation builds toward $54,704 over five years. Five-year ROI reaches 118.42% and total cumulative return in cash records $77,728. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $969/mo payment rather than investor’s personal income.
Single Family
Built in 1955
10,715 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jenee Peterson • Realty ONE Group Impact
Mls Name: DMMLS
Mls ID: #730738