5938 McKinley Ave, Des Moines, IA, 50321 | 6.47% Rental Yield

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

Investment property for sale in Des Moines at 5938 McKinley Ave, Des Moines, IA, 50321 earns from $1,482/mo rent with a $1,346/mo payment. Total monthly income totals $1,482/mo. ROI tracks 15.91% on current figures, and rental yield reads 6.47% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 81.78% and total cumulative return in cash sums $74,555. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,482/mo property income instead of your personal income.

Single Family

Built in 1950

0.99 Acres lot

$N/A/sqft

No HOA

More details about the property

Tucked away on a quiet dead-end street, this rambling ranch offers the rare feeling of country living on nearly an acre, yet it's only minutes from shopping, dining, and transportation. Inside, you'll find two generously sized bedrooms including a 14' x 12' primary suite along with a large living room, dining room, and mudroom. A sunlit four-seasons room opens onto two decks, perfect for enjoying the natural setting. The property also includes a shed and an oversized two-car garage with 220 amp service and pass-through doors, making it ideal for projects, hobbies, or extra storage. If you've been looking for a place with good bones, plenty of space, and a setting that feels like home the moment you arrive, this is your opportunity.