4410 NE 29th StDes 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 4410 NE 29th St, Des Moines, IA, 50317 earns $488/mo cash flow from $1,475/mo rent with a $744/mo payment. Total monthly income totals $1,475/mo, and annual cash flow totals $5,854/yr on $50,388 capital. ROI tracks 31.53% on current figures, and rental yield reads 11.64% at a $152,000 purchase. Equity gained on principal adds $981/yr, and 5% annual appreciation supports $41,995 over five years. Five-year ROI reaches 165.56% and total cumulative return in cash sums $83,422. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,475/mo property income instead of your personal income.
Single Family
Built in 1957
1.77 Acres 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: George Archer • RE/MAX Concepts
Mls Name: DMMLS
Mls ID: #724759