931 Pleasant View DrDes MoinesIA50315
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 931 Pleasant View Dr, Des Moines, IA, 50315 offers a 9.5% rental yield on a $160,000 purchase with $1,267/mo rent. Total monthly income registers $1,267/mo, and a $783/mo payment leaves $206/mo available for distribution. Annual cash flow reaches $2,467/yr on $53,040 to close, and return on cash invested stands at 24.56% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 128.4% and total cumulative return in cash at $68,102. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,267/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1905
6,185 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Radnich • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #721795
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.