807 Virginia Ave, Des Moines, IA, 50315 | $161/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
720 sft

3904 3rd St, Des Moines, IA, 50313

2 Bed
1 Bath
960 sft

4045 E University Ave #13, Des Moines, IA, 50317

3 Bed
2 Bath
1568 sft

9602 Bishop Dr #12, West Des Moines, IA, 50266

2 Bed
1 Bath
808 sft

3623 Wright St, Des Moines, IA, 50316

Nearby investment properties with comparable prices

3 Bed
1 Bath
936 sft

330 N 1st St, Carlisle, IA, 50047

3 Bed
1 Bath
1022 sft

3947 15th St, Des Moines, IA, 50313

2 Bed
1 Bath
994 sft

849 39th St, Des Moines, IA, 50312

2 Bed
1 Bath
1128 sft

210 3rd St NE, Mitchellville, IA, 50169

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Des Moines at 807 Virginia Ave, Des Moines, IA, 50315 priced at $234,000 converts $1,680/mo rent into $161/mo cash flow after a $1,145/mo obligation. Total monthly income equals $1,680/mo, and annual cash flow totals $1,927/yr on $77,571 invested. Return on cash invested prints 22.39% in year one, and rental yield reads 8.62% against a $234,000 entry. Equity gained on principal adds $1,510/yr, while 5% annual appreciation compiles into $64,650 by year five. Five-year ROI reaches 116.6% and total cumulative return in cash sums $90,447. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,680/mo property income covering a $1,145/mo payment, not borrower’s personal income.

Single Family

Built in 1949

7,274 sqft lot

$N/A/sqft

No HOA