Elevate Plan, Elevate Townhomes,Des Moines,IA,50315

Investment Highlights

Investment property for sale in Des Moines at Elevate Plan, Elevate Townhomes, Des Moines, IA, 50315 listed at $420,000 pairs $2,656/mo rent with a $2,056/mo payment. Total monthly income runs $2,656/mo. Return on cash invested measures 17.35% in year one, and rental yield registers 7.59% at a $420,000 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,038 by year five. Five-year ROI tracks 90.21% and total cumulative return in cash totals $125,599. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,656/mo property income relative to a $2,056/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).