820 E 2nd St, Des Moines, IA, 50309 | 2.86% Rental Yield

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 820 E 2nd St, Des Moines, IA, 50309 with 5% annual appreciation on a $585,900 basis while $1,398/mo rent supports operations. 07% in year one. Equity gained on principal adds $3,781/yr, and five-year appreciation sums $161,873 alongside rental yield of 2.86%. Five-year ROI measures 23.66% and total cumulative return in cash totals $45,613. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,398/mo property income versus a $2,868/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 2022

1,350 sqft lot

$N/A/sqft

No HOA