400 Walnut St STE 1203, Des Moines, IA, 50309 | $237/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Des Moines at 400 Walnut St STE 1203, Des Moines, IA, 50309 offers a 8.89% rental yield on a $259,900 purchase with $1,925/mo rent. Total monthly income registers $1,925/mo, and a $1,272/mo payment leaves $237/mo available for distribution. Annual cash flow reaches $2,846/yr on $86,157 to close, and return on cash invested stands at 23.21% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 120.99% and total cumulative return in cash at $104,242. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,925/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1930

N/A lot

$N/A/sqft

No HOA