








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 503, Des Moines, IA, 50309 listed at $165,000 pairs $1,304/mo rent with a $808/mo payment. Total monthly income runs $1,304/mo. Return on cash invested measures 12.58% in year one, and rental yield registers 9.48% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 68.45% and total cumulative return in cash totals $37,439. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,304/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1919
N/A lot
$N/A/sqft
$463 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-10-23 | Listed for sale | $165,000 |
| 2024-10-25 | Sold | $165,000 |
| 2024-10-04 | Pending sale | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | $3746.00 | -7.00% | $190,400 | N/A |
| 2023-10-28 | $4028.00 | 0.75% | $190,400 | 11.41% |
| 2022-10-28 | $3998.00 | -1.58% | $170,900 | N/A |



Listed by: Matt Fuelberth • Iowa Realty Mills Crossing
Mls Name: DMMLS
Mls Provider:
Mls ID: #729038
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