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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% |
Investment property for sale in West Des Moines at 1300 20th St, West Des Moines, IA, 50265 offers a 0% rental yield on a $100,000 purchase with $0/mo rent. 58% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Lot
Built in N/A
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50265, West Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,157 (100%) |
| Owner Occupied HU | 9,392 (62.0%) |
| Renter Occupied HU | 4,929 (32.5%) |
| Vacant Housing Units | 836 ( 5.5%) |
| Median Home Value | $310,899 |
| Average Home Value | $379,482 |
Residential
15,049
Single Family
11,438
Multi-Family
3,611
Businesses
1,103
Date | Event | Price |
|---|---|---|
| 2024-10-24 | Listed for sale | $100,000 |
| 2024-10-09 | Listing removed | $100,000 |
| 2024-09-10 | Listed for sale | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $244.00 | 1.67% | $15,000 | 19.05% |
| 2022-11-20 | $240.00 | 6.19% | $12,600 | N/A |
| 2021-11-20 | $226.00 | 0.89% | $12,600 | 11.50% |
No similar rental properties found nearby.
Listed by: Cathy McMichael • RE/MAX Revolution
Mls Name: DMMLS
Mls Provider:
Mls ID: #706394
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.
