6984 Redbud CtPleasant HillIA50327
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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 Pleasant Hill at 6984 Redbud Ct, Pleasant Hill, IA, 50327 listed at $369,900 pairs $2,354/mo rent with a $1,810/mo payment. Total monthly income runs $2,354/mo. Return on cash invested measures 19.44% in year one, and rental yield registers 7.64% at a $369,900 basis. Equity gained on principal adds $2,387/yr, and annual property appreciation at 5% supports $102,197 by year five. Five-year ROI tracks 100.76% and total cumulative return in cash totals $123,550. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,354/mo property income relative to a $1,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2010
0.44 Acres 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
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Listed by: Nathan Lee • Realty ONE Group Impact
Mls Name: DMMLS
Mls ID: #732600