6522 NE 9th 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 6522 NE 9th Ct, Des Moines, IA, 50313 earns from $1,897/mo rent with a $1,958/mo payment. Total monthly income totals $1,897/mo. ROI tracks 13.4% on current figures, and rental yield reads 5.69% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 68.39% and total cumulative return in cash sums $90,688. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,897/mo property income instead of your personal income.
Single Family
Built in 2013
8,145 sqft lot
$N/A/sqft
$220 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Kovach • LPT Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #732563
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.