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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Des Moines at 7610 SW 9th Pl, Des Moines, IA, 50315 offers a 8.82% rental yield on a $195,900 purchase with $1,440/mo rent. Total monthly income registers $1,440/mo, and a $959/mo payment leaves $146/mo available for distribution. Annual cash flow reaches $1,750/yr on $64,941 to close, and return on cash invested stands at 22.6% in year one. Equity gained on principal adds $1,264/yr while 5% annual appreciation supports $54,124 over five years. Portfolio math shows five-year ROI at 117.84% and total cumulative return in cash at $76,529. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $959/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
9,016 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-10-05 | Price change | $195,900 |
| 2024-09-24 | Listed for sale | $199,900 |
| 2008-07-03 | Sold | $117,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $3238.00 | 0.81% | $177,300 | 21.19% |
| 2022-10-15 | $3212.00 | 7.00% | $146,300 | N/A |
| 2021-10-15 | $3002.00 | -3.60% | $146,300 | 13.50% |
Listed by: Shawna Sample • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #704536
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.
