6398 NE 8th CtDes MoinesIA50313
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 6398 NE 8th Ct, Des Moines, IA, 50313 earns from $2,422/mo rent with a $1,971/mo payment. Total monthly income totals $2,422/mo. ROI tracks 18.02% on current figures, and rental yield reads 7.22% at a $402,600 purchase. Equity gained on principal adds $2,598/yr, and 5% annual appreciation supports $111,231 over five years. Five-year ROI reaches 93.16% and total cumulative return in cash sums $124,336. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,422/mo property income instead of your personal income.
Single Family
Built in 2017
8,276 sqft lot
$N/A/sqft
$17 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50313, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,209 (100%) |
| Owner Occupied HU | 5,002 (69.4%) |
| Renter Occupied HU | 1,759 (24.4%) |
| Vacant Housing Units | 448 ( 6.2%) |
| Median Home Value | $198,048 |
| Average Home Value | $285,555 |
Housing Distribution
Address Breakdown
Residential
6,888
Single Family
6,411
Multi-Family
477
Businesses
945
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Nearby investment properties with comparable prices
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