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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 Des Moines at 111 10th St UNIT 218, Des Moines, IA, 50309 offers a 9.45% rental yield on a $245,000 purchase with $1,930/mo rent. 86% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 79.86% and total cumulative return in cash at $64,860. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,930/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1910
N/A lot
$N/A/sqft
$654 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-09-28 | Price change | $245,000 |
| 2025-09-22 | Price change | $263,000 |
| 2025-09-12 | Price change | $264,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $4046.00 | -6.99% | $205,700 | N/A |
| 2023-10-16 | $4350.00 | 5.89% | $205,700 | 11.43% |
| 2022-10-16 | $4108.00 | -8.39% | $184,600 | N/A |
Listed by: Misty Darling • BH&G Real Estate Innovations
Mls Name: DMMLS
Mls Provider:
Mls ID: #725084
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.
