7000 Lake Ridge Ave #2, Des Moines, IA, 50320 | 6.65% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Des Moines at 7000 Lake Ridge Ave #2, Des Moines, IA, 50320 earns from $1,440/mo rent with a $1,272/mo payment. Total monthly income totals $1,440/mo. ROI tracks 16.46% on current figures, and rental yield reads 6.65% at a $259,820 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,783 over five years. Five-year ROI reaches 84.77% and total cumulative return in cash sums $73,017. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,440/mo property income instead of your personal income.

Townhouse

Built in 2021

2,003 sqft lot

$N/A/sqft

No HOA