3925 48th PlDes MoinesIA50310
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 3925 48th Pl, Des Moines, IA, 50310 in Des Moines is straightforward: $215,000 in, $1,930/mo in rent, $493/mo out after debt service. The 10.62% gross yield and 2.00 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $59,401 by year five. With $1,980/yr in principal equity, the total cumulative return is projected at $115,360.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.5% |
| Monthly Cash Flow | $493 | $450 |
City averages based on Des Moines market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,930 |
| Total Monthly Debt Service | $1,324 |
| DSCR Ratio | 1.46x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1951
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50310, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,226 (100%) |
| Owner Occupied HU | 9,081 (63.8%) |
| Renter Occupied HU | 4,361 (30.7%) |
| Vacant Housing Units | 784 ( 5.5%) |
| Median Home Value | $237,952 |
| Average Home Value | $269,365 |
Housing Distribution
Address Breakdown
Residential
13,690
Single Family
11,750
Multi-Family
1,940
Businesses
755
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
Single Family
Built in 1951
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50310, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,226 (100%) |
| Owner Occupied HU | 9,081 (63.8%) |
| Renter Occupied HU | 4,361 (30.7%) |
| Vacant Housing Units | 784 ( 5.5%) |
| Median Home Value | $237,952 |
| Average Home Value | $269,365 |
Housing Distribution
Address Breakdown
Residential
13,690
Single Family
11,750
Multi-Family
1,940
Businesses
755
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Wright • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #716156
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.