4306 SE 12th St,Des Moines,IA,50315

Investment Highlights

Investment property for sale in Des Moines at 4306 SE 12th St, Des Moines, IA, 50315 offers a 8.32% rental yield on a $239,500 purchase with $1,661/mo rent. Total monthly income registers $1,661/mo, and a $1,172/mo payment leaves $106/mo available for distribution. Annual cash flow reaches $1,270/yr on $79,394 to close, and return on cash invested stands at 21.51% in year one. Equity gained on principal adds $1,545/yr while 5% annual appreciation supports $66,169 over five years. Portfolio math shows five-year ROI at 111.82% and total cumulative return in cash at $88,777. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,661/mo property income against a $1,172/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.