400 Walnut St SUITE 301Des MoinesIA50309
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 400 Walnut St SUITE 301, Des Moines, IA, 50309 in Des Moines achieves 1.50, rent of $1,850/mo covers the $1,236/mo payment 1.5x over at $274,900. Rental yield 8.08%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $75,950 over five years, with $2,532/yr in principal reduction bringing total projected return to $72,042.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.5% |
| Monthly Cash Flow | $(547) | $450 |
City averages based on Des Moines market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,850 |
| Total Monthly Debt Service | $2,288 |
| DSCR Ratio | 0.81x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 1930
N/A lot
$N/A/sqft
$495 monthly HOA
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
Multi Family
Built in 1930
N/A lot
$N/A/sqft
$495 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices