6202 SW 12th StDes 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
Investment property for sale in Des Moines at 6202 SW 12th St, Des Moines, IA, 50315 listed at $155,000 pairs $1,220/mo rent with a $759/mo payment to leave $213/mo cash flow. Total monthly income runs $1,220/mo, and annual cash flow reaches $2,556/yr on $51,383 cash to close. Return on cash invested measures 24.88% in year one, and rental yield registers 9.45% at a $155,000 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,824 by year five. Five-year ROI tracks 129.93% and total cumulative return in cash totals $66,760. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,220/mo property income relative to a $759/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1928
7,013 sqft lot
$N/A/sqft
No HOA
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Listed by: Nick McCargar • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #700915
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.