501 Olinda Ave, Des Moines, IA, 50315 | $345/mo Cash Flow

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Des Moines at 501 Olinda Ave, Des Moines, IA, 50315 priced at $197,000 pairs $1,624/mo rent with $345/mo cash flow after a $964/mo payment. Total monthly income equals $1,624/mo, and annual cash flow comes to $4,138/yr on $65,306 invested. Return on cash invested is 26.24% in year one, and rental yield stands at 9.89% on a $197,000 basis. Equity gained on principal adds $1,271/yr, and 5% annual appreciation accumulates to $54,427 by year five. Five-year ROI measures 137.25% and total cumulative return in cash reaches $89,630. For financing, Ziffy Mortgage’s DSCR program evaluates $1,624/mo property income against a $964/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1915

6,621 sqft lot

$N/A/sqft

No HOA