400 Walnut St Ste 903, Des Moines, IA, 50309 | $265/mo Cash Flow

For Sale

Listed for sale 4 days ago

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 903, Des Moines, IA, 50309 uses $53,040 cash to close to unlock $3,180/yr annual cash flow and $265/mo monthly cash flow. Total monthly income runs $1,304/mo, and a $783/mo payment keeps the spread at $265/mo. Purchase price stands at $160,000, and rental yield measures 9.78% with $1,304/mo rent. Return on cash invested shows 25.9% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 135.39% and total cumulative return in cash records $71,810. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,304/mo property income covering a $783/mo payment rather than investor’s personal income.

Condo

Built in 1930

N/A lot

$N/A/sqft

No HOA