819 Olinda Ave, Des Moines, IA, 50315 | $692/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Des Moines at 819 Olinda Ave, Des Moines, IA, 50315 uses $66,300 cash to close to unlock $8,304/yr annual cash flow and $692/mo monthly cash flow. Total monthly income runs $1,991/mo, and a $979/mo payment keeps the spread at $692/mo. Purchase price stands at $200,000, and rental yield measures 11.95% with $1,991/mo rent. Return on cash invested shows 32.43% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 170.4% and total cumulative return in cash records $112,976. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,991/mo property income covering a $979/mo payment rather than investor’s personal income.

Single Family

Built in 1901

5,532 sqft lot

$N/A/sqft

No HOA