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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% |
Rental property for sale in Des Moines at 120 SW 5th St UNIT 503, Des Moines, IA, 50309 generates $2,659/mo in rent, after a $2,007/mo payment. Total monthly income is $2,659/mo. Return on cash invested sits at 12.41% in year one, and rental yield is 7.78% on a $410,000 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 65.73% and total cumulative return in cash sums $89,339. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,659/mo property income rather than buyer’s personal income.
Condo
Built in 1913
N/A lot
$N/A/sqft
$809 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-09-12 | Sold | $410,000 |
| 2025-08-20 | Pending sale | $435,000 |
| 2025-08-15 | Price change | $435,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-07 | $6670.00 | -9.03% | $356,500 | N/A |
| 2023-10-07 | $7332.00 | 0.80% | $356,500 | 11.41% |
| 2022-10-07 | $7274.00 | 0.39% | $320,000 | N/A |
Listed by: Nita Ball • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #723460
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.
