782 NE 71st StPleasant HillIA50327
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 Pleasant Hill at 782 NE 71st St, Pleasant Hill, IA, 50327 uses $155,805 cash to close to unlock $2,304/yr annual cash flow and $192/mo monthly cash flow. Total monthly income runs $3,244/mo, and a $2,300/mo payment keeps the spread at $192/mo. Purchase price stands at $470,000, and rental yield measures 8.28% with $3,244/mo rent. Return on cash invested shows 21.39% in year one, and 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 111.17% and total cumulative return in cash records $173,205. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,244/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Multi Family
Built in 2024
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50327, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,194 (100%) |
| Owner Occupied HU | 3,706 (71.4%) |
| Renter Occupied HU | 1,304 (25.1%) |
| Vacant Housing Units | 184 ( 3.5%) |
| Median Home Value | $336,358 |
| Average Home Value | $371,296 |
Housing Distribution
Address Breakdown
Residential
5,486
Single Family
4,826
Multi-Family
660
Businesses
222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrew DePhillips • RE/MAX Concepts
Mls Name: DMMLS
Mls ID: #725403