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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 West des moines at 1030 68th St #8, West des moines, IA, 50266 offers a 9.93% rental yield on a $219,900 purchase with $1,820/mo rent. Total monthly income registers $1,820/mo, and a $1,076/mo payment leaves $167/mo available for distribution. Annual cash flow reaches $2,006/yr on $72,897 to close, and return on cash invested stands at 22.66% in year one. Equity gained on principal adds $1,419/yr while 5% annual appreciation supports $60,754 over five years. Portfolio math shows five-year ROI at 119.4% and total cumulative return in cash at $87,040. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,820/mo property income against a $1,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1993
N/A lot
$N/A/sqft
$225 monthly HOA
Neighborhood data shown for ZIP Code: 50266, West Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,158 (100%) |
| Owner Occupied HU | 9,448 (46.9%) |
| Renter Occupied HU | 8,717 (43.2%) |
| Vacant Housing Units | 1,993 ( 9.9%) |
| Median Home Value | $398,812 |
| Average Home Value | $442,652 |
Residential
19,201
Single Family
11,911
Multi-Family
7,290
Businesses
1,810
Date | Event | Price |
|---|---|---|
| 2025-04-08 | Listed for sale | $219,900 |
| 2019-08-30 | Sold | $147,000 |
| 2017-03-21 | Sold | $136,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-09 | $2822.00 | 11.81% | $181,350 | 13.63% |
| 2022-04-09 | $2524.00 | 0.24% | $159,590 | 9.83% |
| 2021-04-09 | $2518.00 | 2.11% | $145,310 | 5.41% |
Listed by: Marilyn Cline • Peoples Company
Mls Name: DMMLS
Mls Provider:
Mls ID: #714158
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.
