1104 S 51st St, West Des Moines, IA, 50265 | 7.2% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1104 S 51st St, West Des Moines, IA, 50265 | 7.2% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in West Des Moines at 1104 S 51st St, West Des Moines, IA, 50265 earns from $2,280/mo rent with a $1,860/mo payment. Total monthly income totals $2,280/mo. ROI tracks 18.12% on current figures, and rental yield reads 7.2% at a $380,000 purchase. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 over five years. Five-year ROI reaches 93.62% and total cumulative return in cash sums $117,937. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,280/mo property income instead of your personal income.

Single Family

Built in 1998

10,193 sqft lot

$N/A/sqft

No HOA

More details about the property

Searching for that perfect "BETTER THAN NEW" home in an established neighborhood?? Look no further than this gorgeous 3br, 3ba property that rests on a large fenced-in corner lot w/ plenty of mature trees & shrubs. Though the home sits on a quiet street (w/ corn fields directly across the street giving a country living feel!) it is located very close to all you need: schools, groceries, mall, fitness facilities, highway access, bars & entertainment. Stepping inside, you will be greeted by the beautiful Quartzite Flooring that flows from the entryway thru the Formal Dining & Kitchen. The Wainscoting on the Dining Room walls will also give that warm feeling to all of those special family feasts. Down in the Lower Level, cozy up in front of the home's 2nd fireplace in the Theater Room that is equipped w/ a Projector and 120" screen making movie night a blast! On the other wing of the basement is your own personal SAUNA!! Some of the other countless features: Shed, newer Fence, hi-tech Fridge.

Neighborhood Data

Neighborhood data shown for ZIP Code: 50265, West Des Moines, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,157 (100%)
Owner Occupied HU	9,392 (62.0%)
Renter Occupied HU	4,929 (32.5%)
Vacant Housing Units	836 ( 5.5%)
Median Home Value	$310,899
Average Home Value	$379,482