5806 SE 24th St, Des Moines, IA, 50320 | $463/mo Cash Flow

For Sale

Ziffy Mortgage

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 5806 SE 24th St, Des Moines, IA, 50320 generates $2,087/mo in rent and, after a $1,224/mo payment, leaves $463/mo in cash flow. Total monthly income is $2,087/mo, and annual cash flow is $5,556/yr on $82,875 invested. Return on cash invested sits at 26.61% in year one, and rental yield is 10.02% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 139.19% and total cumulative return in cash sums $115,354. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,087/mo property income rather than buyer’s personal income.

Townhouse

Built in 2018

3,528 sqft lot

$N/A/sqft

No HOA