








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 1212 E 33rd Ct, Des Moines, IA, 50317 earns $404/mo cash flow from $1,475/mo rent with a $807/mo payment. Total monthly income totals $1,475/mo, and annual cash flow totals $4,850/yr on $54,664 capital. ROI tracks 28.78% on current figures, and rental yield reads 10.73% at a $164,900 purchase. Equity gained on principal adds $1,064/yr, and 5% annual appreciation supports $45,559 over five years. Five-year ROI reaches 150.91% and total cumulative return in cash sums $82,492. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,475/mo property income instead of your personal income.
Single Family
Built in 1950
6,229 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50317, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,159 (100%) |
| Owner Occupied HU | 10,616 (65.7%) |
| Renter Occupied HU | 4,615 (28.6%) |
| Vacant Housing Units | 928 ( 5.7%) |
| Median Home Value | $194,343 |
| Average Home Value | $254,761 |
Residential
15,138
Single Family
14,021
Multi-Family
1,117
Businesses
755
Date | Event | Price |
|---|---|---|
| 2025-03-11 | Listed for sale | $164,900 |
| 2025-02-26 | Pending sale | $164,900 |
| 2024-11-21 | Price change | $164,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-14 | $2296.00 | 0.79% | $121,300 | 24.54% |
| 2022-03-14 | $2278.00 | 6.15% | $97,400 | N/A |
| 2021-03-14 | $2146.00 | -3.77% | $97,400 | 13.26% |



Listed by: Michael Clark • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #706426
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.