450 7th St #103, Des Moines, IA, 50309 | $432/mo Cash Flow

For Sale

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

Rental property for sale in Des Moines at 450 7th St #103, Des Moines, IA, 50309 generates $1,364/mo in rent and, after a $702/mo payment, leaves $432/mo in cash flow. Total monthly income is $1,364/mo, and annual cash flow is $5,189/yr on $47,570 invested. Return on cash invested sits at 30.82% in year one, and rental yield is 11.41% on a $143,500 entry. Equity gained on principal adds $926/yr, while 5% annual appreciation builds toward $39,646 over five years. Five-year ROI reaches 161.78% and total cumulative return in cash sums $76,961. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,364/mo property income rather than buyer’s personal income.

Condo

Built in 2019

522.72 sqft lot

$N/A/sqft

No HOA