519 E Thornton AveDes MoinesIA50315
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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 519 E Thornton Ave, Des Moines, IA, 50315 at $140,000 posts ROI 24.85% with $191/mo cash flow from $1,113/mo rent. Total monthly income equals $1,113/mo, and annual cash flow records $2,293/yr on $46,410 to close. Return on cash invested measures 24.85% and rental yield reads 9.54% at the current $140,000. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 by year five. Five-year ROI prints 129.95% and total cumulative return in cash totals $60,310.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,113/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1939
10,715 sqft lot
$N/A/sqft
No HOA
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Listed by: Sullivan Baccam • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #715457
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.