6000 Hickman RdDes MoinesIA50322
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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 6000 Hickman Rd, Des Moines, IA, 50322 with 5% annual appreciation on a $208,000 basis while $1,843/mo rent supports operations. Total monthly income totals $1,843/mo and a $1,018/mo payment preserves $490/mo for cash returns. Annual cash flow comes to $5,879/yr on $68,952 deployed, and return on cash invested reaches 28.44% in year one. Equity gained on principal adds $1,342/yr, and five-year appreciation sums $57,467 alongside rental yield of 10.63%. Five-year ROI measures 148.97% and total cumulative return in cash totals $102,720.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,843/mo property income versus a $1,018/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
8,407 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50322, Urbandale, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,132 (100%) |
| Owner Occupied HU | 9,754 (69.0%) |
| Renter Occupied HU | 3,744 (26.5%) |
| Vacant Housing Units | 634 ( 4.5%) |
| Median Home Value | $284,903 |
| Average Home Value | $302,461 |
Housing Distribution
Address Breakdown
Residential
13,630
Single Family
10,811
Multi-Family
2,819
Businesses
1,407
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Listed by: David Charlson • PROmetro Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #704575
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.