4916 SW 13th St,Des Moines,IA,50315

Investment Highlights

Investment property for sale in Des Moines at 4916 SW 13th St, Des Moines, IA, 50315 offers a 9.36% rental yield on a $105,000 purchase with $819/mo rent. Total monthly income registers $819/mo, and a $514/mo payment leaves $137/mo available for distribution. Annual cash flow reaches $1,644/yr on $34,808 to close, and return on cash invested stands at 24.63% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 128.56% and total cumulative return in cash at $44,750. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $819/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.