919 Watrous 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
Rental property for sale in Des Moines at 919 Watrous Ave, Des Moines, IA, 50315 generates $1,680/mo in rent and, after a $940/mo payment, leaves $433/mo in cash flow. Total monthly income is $1,680/mo, and annual cash flow is $5,194/yr on $63,648 invested. Return on cash invested sits at 28.07% in year one, and rental yield is 10.5% on a $192,000 entry. Equity gained on principal adds $1,239/yr, while 5% annual appreciation builds toward $53,046 over five years. Five-year ROI reaches 147.03% and total cumulative return in cash sums $93,580. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,680/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
6,403 sqft lot
$N/A/sqft
No HOA
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Listed by: Amy Forte • LPT Realty, LLC
Mls Name: DMMLS
Mls ID: #732877