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Easter Lake Drive
Des Moines, IA 50320
Asking Price
$548K
Asset Type
Agricultural Land
Class
Class B
What's Special
Excellent Residential Development Opportunity <ul><li>Current zoning allows for Single-Family or up to two units per parcel</li><li>Located within the rapidly expanding Carlisle school district</li><li>Land is ready for development</li></ul><p></p>
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NOI
$80,000
Cap Rate
14.59%
DSCR
2.46
Strong
Cash-on-Cash
28.84%
Monthly Payment
$2,713.184
Annual Cash Flow
$47,441.792
