520 Watrous 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
Rental property for sale in Des Moines at 520 Watrous Ave, Des Moines, IA, 50315 priced at $134,900 converts $1,027/mo rent into $151/mo cash flow after a $660/mo obligation. Total monthly income equals $1,027/mo, and annual cash flow totals $1,814/yr on $44,719 invested. Return on cash invested prints 23.97% in year one, and rental yield reads 9.14% against a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation compiles into $37,270 by year five. Five-year ROI reaches 125.11% and total cumulative return in cash sums $55,949. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,027/mo property income covering a $660/mo payment, not borrower’s personal income.
Single Family
Built in 1961
6,926 sqft lot
$N/A/sqft
No HOA
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Listed by: Michael Volquardsen • Local Realty Company
Mls Name: DMMLS
Mls Provider:
Mls ID: #714423
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.