








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 Des Moines at 112 11th St APT 302, Des Moines, IA, 50309 generates $1,576/mo in rent, after a $1,395/mo payment. Total monthly income is $1,576/mo. Return on cash invested sits at 0.85% in year one, and rental yield is 6.64% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 6.69% and total cumulative return in cash sums $6,318. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,576/mo property income rather than buyer’s personal income.
Condo
Built in 1919
N/A lot
$N/A/sqft
$1,006 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-05-07 | Sold | $285,000 |
| 2025-03-20 | Pending sale | $309,900 |
| 2025-02-24 | Price change | $309,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $6970.00 | -6.99% | $354,300 | N/A |
| 2023-10-20 | $7494.00 | 0.75% | $354,300 | 11.42% |
| 2022-10-20 | $7438.00 | -1.59% | $318,000 | N/A |



Listed by: Megan Hill Mitchum • Century 21 Signature
Mls Name: DMMLS
Mls Provider:
Mls ID: #693466
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.