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Sold over 5 years ago

$92,000

3 bd 1 ba 880 sqft

1430 idaho, Des Moines, IA 50316

Residential SFR Occupied Off MLS

Current Rent **

$950

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Turnkey in Des Moines, Iowa

This Turnkey property was completely renovated in 2019 and already has an established renter. Additionally, there is little to no deferred maintenance for a new investor. If you're looking for a no-hassle investment, look no further.
There’s wide-open floor plan with a natural flow into the kitchen. The new laminate floors, paint, white trim and doors make this a bright, open living area. The bedrooms are spacious with plenty of closet space. The kitchen was remodeled with additional counter space as well as cabinets and shelves. This property also has an enclosed front porch and a large backyard. The basement is unfinished and would be great for storage.

Built: 1913
Cap Rate: 8.2%

Don't miss out on your chance to establish passive income for your future.
Contact us at [email protected]. Or 515-635-5453

Visit www.turnkeyiowa.com to see our full list of properties.

Location:

1430 idaho, Des Moines, IA 50316

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.