3832 13th StDes MoinesIA50313
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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 3832 13th St, Des Moines, IA, 50313 offers a 10.01% rental yield on a $189,000 purchase with $1,576/mo rent. Total monthly income registers $1,576/mo, and a $925/mo payment leaves $349/mo available for distribution. Annual cash flow reaches $4,183/yr on $62,654 to close, and return on cash invested stands at 26.59% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 139.05% and total cumulative return in cash at $87,118. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,576/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1894
8,668 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50313, Des Moines, IA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,888
Single Family
6,411
Multi-Family
477
Businesses
945
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Listed by: Laura Major • Century 21 Signature
Mls Name: DMMLS
Mls ID: #729972