








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 1201 64th St, West Des Moines, IA, 50266 uses $116,022 cash to close to unlock $4,068/yr annual cash flow and $339/mo monthly cash flow. Total monthly income runs $2,612/mo, and a $1,713/mo payment keeps the spread at $339/mo. Purchase price stands at $349,990, and rental yield measures 8.96% with $2,612/mo rent. Return on cash invested shows 23.42% in year one, and 5% annual appreciation builds toward $96,696 over five years. Five-year ROI reaches 122.08% and total cumulative return in cash records $141,635. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,612/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1992
10,728 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50266, West Des Moines, IA area.
| 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 |
Residential
19,201
Single Family
11,911
Multi-Family
7,290
Businesses
1,810
Date | Event | Price |
|---|---|---|
| 2025-03-21 | Listed for sale | $349,990 |
| 1995-07-14 | Sold | $130,433 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-26 | $4618.00 | 13.41% | $288,390 | 12.88% |
| 2022-03-26 | $4072.00 | -0.49% | $255,480 | 11.54% |
| 2021-03-26 | $4092.00 | 2.04% | $229,040 | 4.74% |



Listed by: Leslie Uzel • Agency Iowa
Mls Name: DMMLS
Mls Provider:
Mls ID: #713908
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.