5706 S Union StDes MoinesIA50315
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 5706 S Union St, Des Moines, IA, 50315 generates $1,027/mo in rent and, after a $587/mo payment, leaves $248/mo in cash flow. Total monthly income is $1,027/mo, and annual cash flow is $2,978/yr on $39,747 invested. Return on cash invested sits at 27.4% in year one, and rental yield is 10.28% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 143.56% and total cumulative return in cash sums $57,060. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,027/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
7,013 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Juran, Jason • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #724233
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.