5936 SW 2nd St,Des Moines,IA,50315

Investment Highlights

Investment property for sale in Des Moines at 5936 SW 2nd St, Des Moines, IA, 50315 offers a 9.82% rental yield on a $176,000 purchase with $1,440/mo rent. Total monthly income registers $1,440/mo, and a $861/mo payment leaves $297/mo available for distribution. Annual cash flow reaches $3,569/yr on $58,344 to close, and return on cash invested stands at 26.03% in year one. Equity gained on principal adds $1,136/yr while 5% annual appreciation supports $48,626 over five years. Portfolio math shows five-year ROI at 136.09% and total cumulative return in cash at $79,401. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $861/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.