








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


Rental property for sale in Waukee at 120 NE Fox Run Trl, Waukee, IA, 50263 offers $2,896/mo rent that, after a $1,957/mo payment, leaves $299/mo cash flow. Total monthly income is $2,896/mo, and annual cash flow is $3,590/yr on $132,567 cash. Return on cash invested measures 22.62% in year one, and rental yield stands at 8.69% at a $399,900 entry. Equity gained on principal adds $2,580/yr while 5% annual appreciation compounds into $110,485 by year five. Five-year ROI records 117.78% and total cumulative return in cash reaches $156,140. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,896/mo property income versus a $1,957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50263, Waukee, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,203 (100%) |
| Owner Occupied HU | 8,835 (62.2%) |
| Renter Occupied HU | 3,821 (26.9%) |
| Vacant Housing Units | 1,547 (10.9%) |
| Median Home Value | $376,616 |
| Average Home Value | $419,225 |
Residential
13,089
Single Family
11,519
Multi-Family
1,570
Businesses
611
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: Brandon Winn • Iowa Realty Mills Crossing
Mls Name: DMMLS
Mls ID: #723424