








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 1010 Polk Blvd, Des Moines, IA, 50311 earns from $1,658/mo rent with a $1,615/mo payment. Total monthly income totals $1,658/mo. ROI tracks 14.13% on current figures, and rental yield reads 6.03% at a $329,900 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 over five years. Five-year ROI reaches 72.45% and total cumulative return in cash sums $79,227. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,658/mo property income instead of your personal income.
Multi Family
Built in 1920
8,973 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50311, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,741 (100%) |
| Owner Occupied HU | 3,326 (49.3%) |
| Renter Occupied HU | 2,882 (42.8%) |
| Vacant Housing Units | 533 ( 7.9%) |
| Median Home Value | $257,277 |
| Average Home Value | $278,646 |
Residential
5,825
Single Family
4,742
Multi-Family
1,083
Businesses
274
Date | Event | Price |
|---|---|---|
| 2025-04-14 | Listed for sale | $329,900 |
| 1999-01-28 | Sold | $134,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-16 | $5514.00 | 0.77% | $281,600 | 20.34% |
| 2022-04-16 | $5472.00 | 3.13% | $234,000 | N/A |
| 2021-04-16 | $5306.00 | -3.74% | $234,000 | 10.07% |



Listed by: Alen Agic • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #715659
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.