6511 NE George AvePleasant HillIA50327
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
Rental property for sale in Pleasant Hill at 6511 NE George Ave, Pleasant Hill, IA, 50327 priced at $365,990 converts $1,500/mo rent into after a $1,791/mo obligation. Total monthly income equals $1,500/mo. Return on cash invested prints 11.12% in year one, and rental yield reads 4.92% against a $365,990 entry. Equity gained on principal adds $2,362/yr, while 5% annual appreciation compiles into $101,116 by year five. Five-year ROI reaches 56.12% and total cumulative return in cash sums $68,082. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,500/mo property income covering a $1,791/mo payment, not borrower’s personal income.
Single Family
Built in 2025
8,772 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50327, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,194 (100%) |
| Owner Occupied HU | 3,706 (71.4%) |
| Renter Occupied HU | 1,304 (25.1%) |
| Vacant Housing Units | 184 ( 3.5%) |
| Median Home Value | $336,358 |
| Average Home Value | $371,296 |
Housing Distribution
Address Breakdown
Residential
5,486
Single Family
4,826
Multi-Family
660
Businesses
222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dianna Elder • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #715446
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.