








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $1,388/mo, and a $1,273/mo payment. Purchase price stands at $260,000, and rental yield measures 6.41% with $1,388/mo rent. Return on cash invested shows 15.72% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 80.77% and total cumulative return in cash records $69,617. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,388/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
6,621 sqft 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 |
|---|---|---|
| 2025-04-27 | Listed for sale | $260,000 |
| 2025-01-22 | Listing removed | $270,000 |
| 2025-01-10 | Price change | $270,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $3932.00 | 0.51% | $199,900 | N/A |
| 2023-04-30 | $3912.00 | 0.77% | $199,900 | 20.42% |
| 2022-04-30 | $3882.00 | 4.81% | $166,000 | N/A |



Listed by: Tim Hegwood • PMI Realty Central Iowa
Mls Name: DMMLS
Mls Provider:
Mls ID: #716707
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.