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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% |
Investment property for sale in Des Moines at 1175 21st St, Des Moines, IA, 50311 earns from $1,242/mo rent with a $1,028/mo payment. Total monthly income totals $1,242/mo. ROI tracks 17.81% on current figures, and rental yield reads 7.1% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 91.93% and total cumulative return in cash sums $64,000. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,242/mo property income instead of your personal income.
Multi Family
Built in 1909
9,104 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ayeesha Ali • RE/MAX Concepts
Mls Name: DMMLS
Mls ID: #729944
