619 Palmer Pl, Des Moines, IA, 50315 | $616/mo Cash Flow

Off market

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 619 Palmer Pl, Des Moines, IA, 50315 uses $48,233 cash to close to unlock $7,390/yr annual cash flow and $616/mo monthly cash flow. Total monthly income runs $1,618/mo, and a $712/mo payment keeps the spread at $616/mo. Purchase price stands at $145,500, and rental yield measures 13.34% with $1,618/mo rent. Return on cash invested shows 35.23% in year one, and 5% annual appreciation builds toward $40,199 over five years. Five-year ROI reaches 185.94% and total cumulative return in cash records $89,685. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,618/mo property income covering a $712/mo payment rather than investor’s personal income.

Single Family

Built in 1946

5,488 sqft lot

$N/A/sqft

No HOA