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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% |
Rental property for sale in West Des Moines at 1070 50th St UNIT 12B, West Des Moines, IA, 50266 generates $1,750/mo in rent and, after a $1,028/mo payment, leaves $91/mo in cash flow. Total monthly income is $1,750/mo, and annual cash flow is $1,092/yr on $69,615 invested. Return on cash invested sits at 21.48% in year one, and rental yield is 10% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 113.48% and total cumulative return in cash sums $79,000. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,750/mo property income rather than buyer’s personal income.
Condo
Built in 1990
1,524 sqft lot
$N/A/sqft
$295 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 |
|---|---|---|
| 2024-11-08 | Listed for sale | $210,000 |
| 2016-03-25 | Sold | $130,200 |
| 2015-12-08 | Price change | $130,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $2908.00 | 1.25% | $194,700 | 22.07% |
| 2022-01-27 | $2872.00 | 3.38% | $159,500 | N/A |
| 2021-01-27 | $2778.00 | 1.68% | $159,500 | 8.43% |
Listed by: Brian McDowell • LPT Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #707513
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.
