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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Des Moines at 1000 E Watrous Ave, Des Moines, IA, 50315 uses $63,980 cash to close to unlock $2,479/yr annual cash flow and $207/mo monthly cash flow. Total monthly income runs $1,481/mo, and a $945/mo payment keeps the spread at $207/mo. Purchase price stands at $193,000, and rental yield measures 9.21% with $1,481/mo rent. Return on cash invested shows 23.78% in year one, and 5% annual appreciation builds toward $53,322 over five years. Five-year ROI reaches 124.17% and total cumulative return in cash records $79,446. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,481/mo property income covering a $945/mo payment rather than investor’s personal income.
Single Family
Built in 1967
9,408 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-06-13 | Sold | $193,000 |
| 2025-05-12 | Pending sale | $195,000 |
| 2025-05-01 | Listed for sale | $195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-08 | $3180.00 | 1.66% | $172,100 | N/A |
| 2023-10-08 | $3128.00 | 0.84% | $172,100 | 21.54% |
| 2022-10-08 | $3102.00 | 3.40% | $141,600 | N/A |
Listed by: Rochelle Burnett • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #717102
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.
