804 Lacona Ave,Des Moines,IA,50315

Investment Highlights

Investment property for sale in Des Moines at 804 Lacona Ave, Des Moines, IA, 50315 listed at $160,000 pairs $1,207/mo rent with a $783/mo payment to leave $168/mo cash flow. Total monthly income runs $1,207/mo, and annual cash flow reaches $2,016/yr on $53,040 cash to close. Return on cash invested measures 23.71% in year one, and rental yield registers 9.05% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 123.6% and total cumulative return in cash totals $65,558. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,207/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).