445 Ridgewood BlvdPleasant HillIA50327
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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 Pleasant Hill at 445 Ridgewood Blvd, Pleasant Hill, IA, 50327 generates $1,796/mo in rent, after a $1,541/mo payment. Total monthly income is $1,796/mo. Return on cash invested sits at 17.05% in year one, and rental yield is 6.84% on a $314,900 entry. Equity gained on principal adds $2,032/yr, while 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 87.94% and total cumulative return in cash sums $91,798. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,796/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
7,361 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50327, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,194 (100%) |
| Owner Occupied HU | 3,706 (71.4%) |
| Renter Occupied HU | 1,304 (25.1%) |
| Vacant Housing Units | 184 ( 3.5%) |
| Median Home Value | $336,358 |
| Average Home Value | $371,296 |
Housing Distribution
Address Breakdown
Residential
5,486
Single Family
4,826
Multi-Family
660
Businesses
222
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Listed by: Brandon Winn • Iowa Realty Mills Crossing
Mls Name: DMMLS
Mls ID: #728250