6550 SE Sunsplash DrPleasant HillIA50327
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 6550 SE Sunsplash Dr, Pleasant Hill, IA, 50327 in Pleasant Hill, $369,900, 8.42% gross yield, $192/mo net income. Consider it a market-entry position, the $2,594/mo rent covers the $1,663/mo payment with a margin, and 5%/yr appreciation is projected to add $102,197 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.56) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $153,158.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 7.0% |
| Monthly Cash Flow | $192 | $250 |
City averages based on Pleasant Hill market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,594 |
| Total Monthly Debt Service | $2,255 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2005
9,191 sqft lot
$N/A/sqft
No 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
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
Single Family
Built in 2005
9,191 sqft lot
$N/A/sqft
No 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: GREG WEINSCHENK • Iowa Realty Beaverdale
Mls Name: DMMLS
Mls ID: #721408