400 Walnut St STE 304, Des Moines, IA, 50309 | $352/mo Cash Flow

Off market

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
933 sft

418 NE Maple St, Elkhart, IA, 50073

2 Bed
3 Bath
1104 sft

2134 High St, Des Moines, IA, 50312

3 Bed
2 Bath
1553 sft

2409 37th St, Des Moines, IA, 50310

3 Bed
2 Bath
1767 sft

3501 Wakonda Ct, Des Moines, IA, 50321

Nearby investment properties with comparable prices

3 Bed
1 Bath
1150 sft

2707 Cleveland Ave, Des Moines, IA, 50317

2 Bed
2 Bath
1246 sft

2160 Ridgeview Cir, Clive, IA, 50325

3 Bed
2 Bath
756 sft

919 Watrous Ave, Des Moines, IA, 50315

3 Bed
1 Bath
912 sft

1207 Kenyon Ave, Des Moines, IA, 50315

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Des Moines at 400 Walnut St STE 304, Des Moines, IA, 50309 uses $74,654 cash to close to unlock $4,220/yr annual cash flow and $352/mo monthly cash flow. Total monthly income runs $2,483/mo, and a $1,102/mo payment keeps the spread at $352/mo. Purchase price stands at $225,200, and rental yield measures 13.23% with $2,483/mo rent. Return on cash invested shows 25.56% in year one, and 5% annual appreciation builds toward $62,219 over five years. Five-year ROI reaches 137.47% and total cumulative return in cash records $102,624. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,483/mo property income covering a $1,102/mo payment rather than investor’s personal income.

Condo

Built in 1930

N/A lot

$N/A/sqft

$575 monthly HOA