4111 Allison AveDes MoinesIA50310
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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
Rental property for sale in Des Moines at 4111 Allison Ave, Des Moines, IA, 50310 priced at $299,000 converts $2,255/mo rent into $314/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,255/mo, and annual cash flow totals $3,763/yr on $99,119 invested. Return on cash invested prints 23.71% in year one, and rental yield reads 9.05% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 123.62% and total cumulative return in cash sums $122,530. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,255/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1950
7,013 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
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Listed by: Mike O'Neill • Realty ONE Group Impact
Mls Name: DMMLS
Mls ID: #717070