3948 43rd StDes MoinesIA50310
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 3948 43rd St, Des Moines, IA, 50310 in Des Moines earns a 8.89% gross yield at $293,700. Rent of $2,177/mo nets $229/mo after the $1,321/mo mortgage. The 1.65 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $81,144 and $2,705/yr in equity accumulation project a total cumulative return of $126,731.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.5% |
| Monthly Cash Flow | $229 | $450 |
City averages based on Des Moines market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,177 |
| Total Monthly Debt Service | $1,830 |
| DSCR Ratio | 1.19x |
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 1924
0.25 Acres 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 1924
0.25 Acres 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A