612 Kenyon AveDes MoinesIA50315
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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
Rental property for sale in Des Moines at 612 Kenyon Ave, Des Moines, IA, 50315 generates $1,395/mo in rent, after a $1,003/mo payment. Total monthly income is $1,395/mo. Return on cash invested sits at 19.71% in year one, and rental yield is 8.17% on a $204,900 entry. Equity gained on principal adds $1,322/yr, while 5% annual appreciation builds toward $56,610 over five years. Five-year ROI reaches 102.68% and total cumulative return in cash sums $69,742. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,395/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
6,926 sqft lot
$N/A/sqft
No HOA
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Listed by: Scott Myers • Century 21 Signature
Mls Name: DMMLS
Mls Provider:
Mls ID: #716331
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