








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 1128 44th St, Des Moines, IA, 50311 offers a 9.42% rental yield on a $394,900 purchase with $3,100/mo rent. Total monthly income registers $3,100/mo, and a $1,933/mo payment leaves $363/mo available for distribution. Annual cash flow reaches $4,353/yr on $130,909 to close, and return on cash invested stands at 23.23% in year one. Equity gained on principal adds $2,548/yr while 5% annual appreciation supports $109,104 over five years. Portfolio math shows five-year ROI at 121.64% and total cumulative return in cash at $159,239. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,100/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50311, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,741 (100%) |
| Owner Occupied HU | 3,326 (49.3%) |
| Renter Occupied HU | 2,882 (42.8%) |
| Vacant Housing Units | 533 ( 7.9%) |
| Median Home Value | $257,277 |
| Average Home Value | $278,646 |
Residential
5,825
Single Family
4,742
Multi-Family
1,083
Businesses
274
Date | Event | Price |
|---|---|---|
| 2025-01-17 | Listed for sale | $394,900 |
| 2013-12-13 | Sold | $141,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $8072.00 | -1.15% | $416,000 | 18.38% |
| 2022-01-27 | $8166.00 | 2.31% | $351,400 | -1.87% |
| 2021-01-27 | $7982.00 | 51.52% | $358,100 | 9.01% |



Listed by: Marva McCarty • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #710374
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.