7000 Lake Hill Dr UNIT 70,Des Moines,IA,50320

Investment Highlights

Investment property for sale in Des Moines at 7000 Lake Hill Dr UNIT 70, Des Moines, IA, 50320 listed at $269,900 pairs $1,398/mo rent with a $1,321/mo payment. Total monthly income runs $1,398/mo. Return on cash invested measures 15.15% in year one, and rental yield registers 6.22% at a $269,900 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,568 by year five. Five-year ROI tracks 77.77% and total cumulative return in cash totals $69,582. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,398/mo property income relative to a $1,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).