1204 56th St, West Des Moines, IA, 50266 | $417/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1204 56th St, West Des Moines, IA, 50266 | $417/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1965 sft

Fostoria Plan, Della Vita, West Des Moines, IA, 50266

3 Bed
3 Bath
1546 sft

9445 Wilson St, West Des Moines, IA, 50266

3 Bed
3 Bath
1544 sft

33066 Walnut Pl, Waukee, IA, 50263

3 Bed
3 Bath
1651 sft

2605 SE Bluestem Dr, Waukee, IA, 50263

Nearby investment properties with comparable prices

3 Bed
3 Bath
1468 sft

917 Prime St, West Des Moines, IA, 50266

3 Bed
3 Bath
1468 sft

7647 Presence Ln, West Des Moines, IA, 50266

3 Bed
3 Bath
1486 sft

916 Peak Dr, West Des Moines, IA, 50266

3 Bed
3 Bath
1468 sft

7639 Presence Ln, West Des Moines, IA, 50266

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in West Des Moines at 1204 56th St, West Des Moines, IA, 50266 earns $417/mo cash flow from $2,658/mo rent with a $1,689/mo payment. Total monthly income totals $2,658/mo, and annual cash flow totals $5,004/yr on $114,368 capital. ROI tracks 24.28% on current figures, and rental yield reads 9.25% at a $345,000 purchase. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,317 over five years. Five-year ROI reaches 126.69% and total cumulative return in cash sums $144,892. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,658/mo property income instead of your personal income.

Single Family

Built in 1986

10,236 sqft lot

$N/A/sqft

No HOA

More details about the property

This brick 1-1/2 story located in West Des Moines is just blocks from the interstate and 235 to downtown Des Moines. The deck, with a covered nook, runs the length of the house with access from the formal dining room and the primary bedroom on the main level. The bedroom has a walk-in closet and 3/4 bath with tile shower. Skylights and vaulted ceilings offer a spacious feel to the home. The dine-in kitchen with laminate floors has oak cabinets, an island with stovetop, granite, Thermodor oven with warming drawer, microwave and refrigerator. There is also a 1/2 bath on the main level. The family room has a wood burning fireplace. There is a primary suite on the upper level with a whirlpool tub, shower and walk-in closet. The suite opens to a sitting area with wood burning fireplace. This lovely home sits on 0.235 beautifully manicured acres. The roof and gutters were replaced in 2024 and the exterior was painted in '24.

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