429 E Granger Ave, Des Moines, IA, 50315 | $908/mo Cash Flow

Off market

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

Investment property for sale in Des Moines at 429 E Granger Ave, Des Moines, IA, 50315 offers a 14.96% rental yield on a $151,900 purchase with $1,894/mo rent. Total monthly income registers $1,894/mo, and a $743/mo payment leaves $908/mo available for distribution. Annual cash flow reaches $10,896/yr on $50,355 to close, and return on cash invested stands at 41.55% in year one. Equity gained on principal adds $980/yr while 5% annual appreciation supports $41,967 over five years. Portfolio math shows five-year ROI at 219.25% and total cumulative return in cash at $110,402. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,894/mo property income against a $743/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

N/A lot

$N/A/sqft

No HOA