1168 49th St UNIT 1, West Des Moines, IA, 50266 | $408/mo Cash Flow

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1168 49th St UNIT 1, West Des Moines, IA, 50266 | $408/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in West Des Moines at 1168 49th St UNIT 1, West Des Moines, IA, 50266 listed at $179,900 pairs $1,577/mo rent with a $881/mo payment to leave $408/mo cash flow. Total monthly income runs $1,577/mo, and annual cash flow reaches $4,898/yr on $59,637 cash to close. Return on cash invested measures 28.12% in year one, and rental yield registers 10.52% at a $179,900 basis. Equity gained on principal adds $1,161/yr, and annual property appreciation at 5% supports $49,703 by year five. Five-year ROI tracks 147.35% and total cumulative return in cash totals $87,873. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,577/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1986

N/A lot

$N/A/sqft

No HOA

More details about the property

Step into this beautifully refreshed first-floor condo in West Des Moinescomplete with its own attached garage and second entrance. Truly turnkey living! Every inch has been thoughtfully updated, with newer mechanicals and fresh paint and carpet that make the space feel brand new. Youll love the spacious kitchen, featuring new appliances, sleek solid-surface countertops, stylish tile backsplash, and durable LVP flooring. The kitchen flows into a bright dining area with a sliding glass door that leads out to a cozy patio with sunshadeperfect for morning coffee or evening unwinding. The generous living room offers an open, airy layout, ideal for hosting or relaxing. Down the hallway, youll find a full bathroom, a convenient laundry room with newer washer and dryer, and two roomy bedrooms. The primary suite shines with its beautifully updated bathroom. With abundant storage throughoutincluding a bonus storage room off the exterior hallwaythis home checks every box. Truly move-in ready and waiting for its next happy homeowner!

Neighborhood Data

Neighborhood data shown for ZIP Code: 50266, West Des Moines, IA area.

Housing Distribution

Housing Statistics

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