808 E Dunham AveDes MoinesIA50315
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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 Des Moines at 808 E Dunham Ave, Des Moines, IA, 50315 offers a 9.19% rental yield on a $137,000 purchase with $1,049/mo rent. Total monthly income registers $1,049/mo, and a $671/mo payment leaves $159/mo available for distribution. Annual cash flow reaches $1,906/yr on $45,416 to close, and return on cash invested stands at 24.1% in year one. Equity gained on principal adds $884/yr while 5% annual appreciation supports $37,851 over five years. Portfolio math shows five-year ROI at 125.78% and total cumulative return in cash at $57,124. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,049/mo property income against a $671/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1895
4,791 sqft lot
$N/A/sqft
No HOA
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Listed by: Dawn Edwards • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #726244
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.