445 E Burnham AveDes MoinesIA50315
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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 445 E Burnham Ave, Des Moines, IA, 50315 with 5% annual appreciation on a $315,000 basis while $2,414/mo rent supports operations. Total monthly income totals $2,414/mo and a $1,542/mo payment preserves $368/mo for cash returns. Annual cash flow comes to $4,416/yr on $104,423 deployed, and return on cash invested reaches 24.14% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 9.2%. Five-year ROI measures 125.9% and total cumulative return in cash totals $131,465.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,414/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1993
8,145 sqft lot
$N/A/sqft
No HOA
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Listed by: Michelle Price • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #714486
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