986 27th StDes MoinesIA50312
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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 986 27th St, Des Moines, IA, 50312 earns $224/mo cash flow from $1,478/mo rent with a $945/mo payment. Total monthly income totals $1,478/mo, and annual cash flow totals $2,690/yr on $63,980 capital. ROI tracks 24.11% on current figures, and rental yield reads 9.19% at a $193,000 purchase. Equity gained on principal adds $1,245/yr, and 5% annual appreciation supports $53,322 over five years. Five-year ROI reaches 125.86% and total cumulative return in cash sums $80,526. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,478/mo property income instead of your personal income.
Single Family
Built in 1947
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50312, Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,317 (100%) |
| Owner Occupied HU | 4,524 (54.4%) |
| Renter Occupied HU | 3,187 (38.3%) |
| Vacant Housing Units | 606 ( 7.3%) |
| Median Home Value | $380,171 |
| Average Home Value | $451,211 |
Housing Distribution
Address Breakdown
Residential
7,800
Single Family
4,803
Multi-Family
2,997
Businesses
458
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Listed by: Steve Booth • BHHS First Realty Westown
Mls Name: DMMLS
Mls Provider:
Mls ID: #717649
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.