800 E Edison Ave,Des Moines,IA,50315

Investment Highlights

Rental property for sale in Des Moines at 800 E Edison Ave, Des Moines, IA, 50315 generates $1,314/mo in rent and, after a $807/mo payment, leaves $243/mo in cash flow. Total monthly income is $1,314/mo, and annual cash flow is $2,918/yr on $54,664 invested. Return on cash invested sits at 25.25% in year one, and rental yield is 9.56% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 131.96% and total cumulative return in cash sums $72,136. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,314/mo property income rather than buyer’s personal income.