3833 6th AveDes MoinesIA50313
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3833 6th Ave, Des Moines, IA, 50313 uses $62,322 cash to close to unlock $6,826/yr annual cash flow and $569/mo monthly cash flow. Total monthly income runs $1,876/mo, and a $920/mo payment keeps the spread at $569/mo. Purchase price stands at $188,000, and rental yield measures 11.97% with $1,876/mo rent. Return on cash invested shows 30.86% in year one, and 5% annual appreciation builds toward $51,941 over five years. Five-year ROI reaches 162.6% and total cumulative return in cash records $101,336. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,876/mo property income covering a $920/mo payment rather than investor’s personal income.
Multi Family
Built in 1968
6,500 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A