7109 SW 17th StDes MoinesIA50315
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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 Des Moines at 7109 SW 17th St, Des Moines, IA, 50315 uses $67,626 cash to close to unlock $5,503/yr annual cash flow and $459/mo monthly cash flow. Total monthly income runs $1,783/mo, and a $998/mo payment keeps the spread at $459/mo. Purchase price stands at $204,000, and rental yield measures 10.49% with $1,783/mo rent. Return on cash invested shows 28.05% in year one, and 5% annual appreciation builds toward $56,361 over five years. Five-year ROI reaches 146.9% and total cumulative return in cash records $99,340. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,783/mo property income covering a $998/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.26 Acres lot
$N/A/sqft
No HOA
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Listed by: Jessie Boffeli • Iowa Realty Mills Crossing
Mls Name: DMMLS
Mls Provider:
Mls ID: #717220
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