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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 West Des Moines at 1122 S Atticus St, West Des Moines, IA, 50266 at $325,000 posts ROI 17.79% with from $2,131/mo rent. Total monthly income equals $2,131/mo. Return on cash invested measures 17.79% and rental yield reads 7.87% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 92.74% and total cumulative return in cash totals $99,913. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,131/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2018
5,227 sqft lot
$N/A/sqft
$210 monthly HOA
Neighborhood data shown for ZIP Code: 50266, West Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,158 (100%) |
| Owner Occupied HU | 9,448 (46.9%) |
| Renter Occupied HU | 8,717 (43.2%) |
| Vacant Housing Units | 1,993 ( 9.9%) |
| Median Home Value | $398,812 |
| Average Home Value | $442,652 |
Residential
19,201
Single Family
11,911
Multi-Family
7,290
Businesses
1,810
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Listed for sale | $325,000 |
| 2019-03-08 | Sold | $269,900 |
| 2018-08-15 | Listed for sale | $269,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $4928.00 | 4.19% | $298,420 | 9.68% |
| 2022-10-14 | $4730.00 | -2.31% | $272,090 | 2.85% |
| 2021-10-14 | $4842.00 | 2.11% | $264,540 | 2.97% |
Listed by: STEPHANIE WRIGHT • Iowa Realty Mills Crossing
Mls Name: DMMLS
Mls Provider:
Mls ID: #705789
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.
