859 E 2nd StDes MoinesIA50309
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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 859 E 2nd St, Des Moines, IA, 50309 at $542,900 posts ROI 5.77% with from $1,398/mo rent. Total monthly income equals $1,398/mo. Return on cash invested measures 5.77% and rental yield reads 3.09% at the current $542,900. Equity gained on principal adds $3,503/yr, and 5% annual appreciation supports $149,993 by year five. Five-year ROI prints 27.38% and total cumulative return in cash totals $48,913. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,398/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2021
1,524 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Rob Burditt • Hubbell Homes of Iowa, LLC
Mls Name: DMMLS
Mls ID: #714866