4619 SE 3rd CtDes MoinesIA50315
INVESTMENT ANALYSIS
Investment Verdict
Solid Income4619 SE 3rd Ct, Des Moines, IA, 50315 in Des Moines carries a 1.50 coverage ratio, rent of $1,720/mo is 1.50 times the $1,147/mo payment. Rental yield 8.09%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $255,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $70,452; total projected cumulative return: $96,983.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.5% |
| Monthly Cash Flow | $(6) | $450 |
City averages based on Des Moines market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,720 |
| Total Monthly Debt Service | $1,624 |
| DSCR Ratio | 1.06x |
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.
Multi Family
Built in 1972
0.40 Acres lot
$N/A/sqft
No HOA
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
Multi Family
Built in 1972
0.40 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrew Goodall • Goodall Properties LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #718366
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.