7400 SW 12th 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 7400 SW 12th St, Des Moines, IA, 50315 uses $63,946 cash to close to unlock $6,184/yr annual cash flow and $515/mo monthly cash flow. Total monthly income runs $1,768/mo, and a $944/mo payment keeps the spread at $515/mo. Purchase price stands at $192,900, and rental yield measures 11% with $1,768/mo rent. Return on cash invested shows 29.58% in year one, and 5% annual appreciation builds toward $53,295 over five years. Five-year ROI reaches 155.15% and total cumulative return in cash records $99,215. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,768/mo property income covering a $944/mo payment rather than investor’s personal income.
Single Family
Built in 1954
10,236 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Brent Kelso • Silverado Realty
Mls Name: DMMLS
Mls ID: #732221