409 Davis Ave, Des Moines, IA, 50315 | $303/mo Cash Flow

For Sale

Listed for sale 7 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

Rental property for sale in Des Moines at 409 Davis Ave, Des Moines, IA, 50315 offers $1,440/mo rent that, after a $857/mo payment, leaves $303/mo cash flow. Total monthly income is $1,440/mo, and annual cash flow is $3,636/yr on $58,013 cash. Return on cash invested measures 26.18% in year one, and rental yield stands at 9.87% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 136.84% and total cumulative return in cash reaches $79,387. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,440/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1949

6,621 sqft lot

$N/A/sqft

No HOA