6301 Sherrick AveDes MoinesIA50322
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6301 Sherrick Ave, Des Moines, IA, 50322 at $219,900 posts ROI 20.72% with $49/mo cash flow from $1,526/mo rent. Total monthly income equals $1,526/mo, and annual cash flow records $593/yr on $72,897 to close. Return on cash invested measures 20.72% and rental yield reads 8.33% at the current $219,900. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 by year five. Five-year ROI prints 107.93% and total cumulative return in cash totals $78,676.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,526/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1953
5,445 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: Ryan Lynch • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #714415
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.