4106 E Seneca AveDes MoinesIA50317
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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
Investment Highlights
Investment property for sale in Des Moines at 4106 E Seneca Ave, Des Moines, IA, 50317 earns $257/mo cash flow from $1,685/mo rent with a $1,076/mo payment. Total monthly income totals $1,685/mo, and annual cash flow totals $3,086/yr on $72,897 capital. ROI tracks 24.14% on current figures, and rental yield reads 9.2% at a $219,900 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 over five years. Five-year ROI reaches 126% and total cumulative return in cash sums $91,852. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,685/mo property income instead of your personal income.
Single Family
Built in 1961
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50317, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,159 (100%) |
| Owner Occupied HU | 10,616 (65.7%) |
| Renter Occupied HU | 4,615 (28.6%) |
| Vacant Housing Units | 928 ( 5.7%) |
| Median Home Value | $194,343 |
| Average Home Value | $254,761 |
Housing Distribution
Address Breakdown
Residential
15,138
Single Family
14,021
Multi-Family
1,117
Businesses
755
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Listed by: Nicole Leusink • CENTURY 21 SIGNATURE-Ames
Mls Name: CIBR
Mls ID: #69123