








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 108 Lally St, Des Moines, IA, 50315 listed at $140,000 pairs $1,397/mo rent with a $685/mo payment to leave $488/mo cash flow. Total monthly income runs $1,397/mo, and annual cash flow reaches $5,856/yr on $46,410 cash to close. Return on cash invested measures 32.53% in year one, and rental yield registers 11.97% at a $140,000 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,679 by year five. Five-year ROI tracks 170.91% and total cumulative return in cash totals $79,318. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,397/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
5,749 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-03-26 | Sold | $140,000 |
| 2025-03-15 | Pending sale | $145,000 |
| 2025-01-17 | Listed for sale | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $1682.00 | 3.32% | $85,500 | N/A |
| 2023-10-20 | $1628.00 | 0.74% | $85,500 | 23.73% |
| 2022-10-20 | $1616.00 | 7.45% | $69,100 | N/A |



Listed by: Mike Fagerstrom • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #698880
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