4550 Fairview DrPleasant 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
Investment property for sale in Pleasant Hill at 4550 Fairview Dr, Pleasant Hill, IA, 50327 uses $65,969 cash to close to unlock $2,083/yr annual cash flow and $174/mo monthly cash flow. Total monthly income runs $1,466/mo, and a $974/mo payment keeps the spread at $174/mo. Purchase price stands at $199,000, and rental yield measures 8.84% with $1,466/mo rent. Return on cash invested shows 23.07% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 120.18% and total cumulative return in cash records $79,278. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,466/mo property income covering a $974/mo payment rather than investor’s personal income.
Condo
Built in 1997
7,971 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: Tiffany Larsen • RE/MAX Concepts
Mls Name: DMMLS
Mls ID: #731410