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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 112 11th St APT 402, Des Moines, IA, 50309 offers a 5.05% rental yield on a $345,000 purchase with $1,452/mo rent. 29% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,452/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1919
N/A lot
$N/A/sqft
$1,037 monthly HOA
Date | Event | Price |
|---|---|---|
| 2024-12-03 | Price change | $345,000 |
| 2024-10-18 | Listed for sale | $357,000 |
| 2023-03-31 | Sold | $318,650 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $6434.00 | 0.75% | $304,100 | 11.39% |
| 2022-01-27 | $6386.00 | -1.57% | $273,000 | N/A |
| 2021-01-27 | $6488.00 | -0.37% | $273,000 | 5.00% |
Listed by: Darla Willett-Rohrssen • Iowa Realty Mills Crossing
Mls Name: DMMLS
Mls Provider:
Mls ID: #706204
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.
