704 Creston AveDes MoinesIA50315
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 704 Creston Ave, Des Moines, IA, 50315 listed at $199,990 pairs $1,519/mo rent with a $979/mo payment to leave $220/mo cash flow. Total monthly income runs $1,519/mo, and annual cash flow reaches $2,640/yr on $66,297 cash to close. Return on cash invested measures 23.89% in year one, and rental yield registers 9.11% at a $199,990 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,254 by year five. Five-year ROI tracks 124.67% and total cumulative return in cash totals $82,649. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,519/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
7,797 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mitchell Wilson • BHHS First Realty Westown
Mls Name: DMMLS
Mls Provider:
Mls ID: #723043
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.