4545 NE Aurora AveDes 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 4545 NE Aurora Ave, Des Moines, IA, 50317 uses $34,774 cash to close to unlock $1,814/yr annual cash flow and $151/mo monthly cash flow. Total monthly income runs $832/mo, and a $513/mo payment keeps the spread at $151/mo. Purchase price stands at $104,900, and rental yield measures 9.52% with $832/mo rent. Return on cash invested shows 25.13% in year one, and 5% annual appreciation builds toward $28,982 over five years. Five-year ROI reaches 131.32% and total cumulative return in cash records $45,666. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $832/mo property income covering a $513/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.74 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: Brent Kelso • Silverado Realty
Mls Name: DMMLS
Mls ID: #714342