4501 48th StDes MoinesIA50310
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 4501 48th St, Des Moines, IA, 50310 in Des Moines, $335,000, 8.17% gross yield, $74/mo net income. Consider it a market-entry position, the $2,239/mo rent covers the $1,506/mo payment with a margin, and 5%/yr appreciation is projected to add $92,554 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.49) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $129,805.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.5% |
| Monthly Cash Flow | $74 | $450 |
City averages based on Des Moines market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,239 |
| Total Monthly Debt Service | $2,072 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1989
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50310, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,226 (100%) |
| Owner Occupied HU | 9,081 (63.8%) |
| Renter Occupied HU | 4,361 (30.7%) |
| Vacant Housing Units | 784 ( 5.5%) |
| Median Home Value | $237,952 |
| Average Home Value | $269,365 |
Housing Distribution
Address Breakdown
Residential
13,690
Single Family
11,750
Multi-Family
1,940
Businesses
755
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1989
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50310, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,226 (100%) |
| Owner Occupied HU | 9,081 (63.8%) |
| Renter Occupied HU | 4,361 (30.7%) |
| Vacant Housing Units | 784 ( 5.5%) |
| Median Home Value | $237,952 |
| Average Home Value | $269,365 |
Housing Distribution
Address Breakdown
Residential
13,690
Single Family
11,750
Multi-Family
1,940
Businesses
755
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy Nastruz • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #716565
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.