








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 1150 S 52nd St UNIT 205, West Des Moines, IA, 50265 offers a 9.61% rental yield on a $224,900 purchase with $1,801/mo rent. Total monthly income registers $1,801/mo, and a $1,101/mo payment leaves $110/mo available for distribution. Annual cash flow reaches $1,322/yr on $74,554 to close, and return on cash invested stands at 21.68% in year one. Equity gained on principal adds $1,451/yr while 5% annual appreciation supports $62,136 over five years. Portfolio math shows five-year ROI at 114.15% and total cumulative return in cash at $85,105. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,801/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1998
4,007 sqft lot
$N/A/sqft
$230 monthly HOA
Neighborhood data shown for ZIP Code: 50265, West Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,157 (100%) |
| Owner Occupied HU | 9,392 (62.0%) |
| Renter Occupied HU | 4,929 (32.5%) |
| Vacant Housing Units | 836 ( 5.5%) |
| Median Home Value | $310,899 |
| Average Home Value | $379,482 |
Residential
15,049
Single Family
11,438
Multi-Family
3,611
Businesses
1,103
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listed for sale | $224,900 |
| 2002-10-16 | Sold | $119,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-01 | $2794.00 | 0.65% | $193,800 | N/A |
| 2023-06-01 | $2776.00 | 1.31% | $193,800 | 27.00% |
| 2022-06-01 | $2740.00 | 2.47% | $152,600 | N/A |



Listed by: Bendi Selvage • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #718889
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.