4106 53rd StDes MoinesIA50310
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
Investment Highlights
Investment property for sale in Des Moines at 4106 53rd St, Des Moines, IA, 50310 uses $89,472 cash to close to unlock $3,290/yr annual cash flow and $274/mo monthly cash flow. Total monthly income runs $2,027/mo, and a $1,321/mo payment keeps the spread at $274/mo. Purchase price stands at $269,900, and rental yield measures 9.01% with $2,027/mo rent. Return on cash invested shows 23.59% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 122.99% and total cumulative return in cash records $110,046. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,027/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Single Family
Built in 1958
8,407 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50310, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,226 (100%) |
| Owner Occupied HU | 9,081 (63.8%) |
| Renter Occupied HU | 4,361 (30.7%) |
| Vacant Housing Units | 784 ( 5.5%) |
| Median Home Value | $237,952 |
| Average Home Value | $269,365 |
Housing Distribution
Address Breakdown
Residential
13,690
Single Family
11,750
Multi-Family
1,940
Businesses
755
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ted Weaver • RE/MAX Concepts
Mls Name: DMMLS
Mls ID: #731715