7404 SW 15th St, Des Moines, IA, 50315 | $143/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7404 SW 15th St, Des Moines, IA, 50315 | $143/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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7407 SW 15th St, Des Moines, IA, 50315

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

Rental property for sale in Des Moines at 7404 SW 15th St, Des Moines, IA, 50315 generates $1,507/mo in rent and, after a $1,028/mo payment, leaves $143/mo in cash flow. Total monthly income is $1,507/mo, and annual cash flow is $1,716/yr on $69,615 invested. Return on cash invested sits at 22.37% in year one, and rental yield is 8.61% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 116.45% and total cumulative return in cash sums $81,064. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,507/mo property income rather than buyer’s personal income.

Single Family

Built in 1954

8,232 sqft lot

$N/A/sqft

No HOA