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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% |
Rental property for sale in West Des Moines at 1122 S Radley St, West Des Moines, IA, 50266 generates $2,394/mo in rent, after a $1,982/mo payment. Total monthly income is $2,394/mo. Return on cash invested sits at 17.48% in year one, and rental yield is 7.09% on a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 90.36% and total cumulative return in cash sums $121,310. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,394/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
0.27 Acres lot
$N/A/sqft
$430 annually 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 |
|---|---|---|
| 2025-04-24 | Listed for sale | $405,000 |
| 2023-07-17 | Sold | $374,570 |
| 2023-06-22 | Pending sale | $379,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-28 | $1404.00 | 70100.00% | $357,110 | 376.15% |
| 2022-04-28 | $2.00 | N/A | $75,000 | 68081.82% |
| 2021-04-28 | $2.00 | N/A | $110 | N/A |
Listed by: Chris Peterson • LPT Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #716463
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.
