534 Polk BlvdDes MoinesIA50312
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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 534 Polk Blvd, Des Moines, IA, 50312 offers a 5.02% rental yield on a $815,000 purchase with $3,412/mo rent. 64% in year one. Equity gained on principal adds $5,259/yr while 5% annual appreciation supports $225,169 over five years. Portfolio math shows five-year ROI at 58.87% and total cumulative return in cash at $157,849. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,412/mo property income against a $3,989/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1916
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50312, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,317 (100%) |
| Owner Occupied HU | 4,524 (54.4%) |
| Renter Occupied HU | 3,187 (38.3%) |
| Vacant Housing Units | 606 ( 7.3%) |
| Median Home Value | $380,171 |
| Average Home Value | $451,211 |
Housing Distribution
Address Breakdown
Residential
7,800
Single Family
4,803
Multi-Family
2,997
Businesses
458
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Listed by: Connor Delaney • White Oak Realty, LLC
Mls Name: DMMLS
Mls ID: #732652