915 Laurel StDes MoinesIA50314
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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 915 Laurel St, Des Moines, IA, 50314 earns $162/mo cash flow from $1,006/mo rent with a $636/mo payment. Total monthly income totals $1,006/mo, and annual cash flow totals $1,944/yr on $43,095 capital. ROI tracks 24.42% on current figures, and rental yield reads 9.29% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 127.4% and total cumulative return in cash sums $54,903. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,006/mo property income instead of your personal income.
Single Family
Built in 1976
7,797 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50314, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,989 (100%) |
| Owner Occupied HU | 1,688 (33.8%) |
| Renter Occupied HU | 2,661 (53.3%) |
| Vacant Housing Units | 640 (12.8%) |
| Median Home Value | $168,263 |
| Average Home Value | $200,574 |
Housing Distribution
Address Breakdown
Residential
4,535
Single Family
3,252
Multi-Family
1,283
Businesses
370
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Listed by: Jalan Jones • RE/MAX Precision
Mls Name: DMMLS
Mls ID: #724786