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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 Des Moines at 1321 Clark St, Des Moines, IA, 50314 with 5% annual appreciation on a $174,000 basis while $2,090/mo rent supports operations. Total monthly income totals $2,090/mo and a $852/mo payment preserves $925/mo for cash returns. Annual cash flow comes to $11,103/yr on $57,681 deployed, and return on cash invested reaches 39.16% in year one. Equity gained on principal adds $1,123/yr, and five-year appreciation sums $48,073 alongside rental yield of 14.41%. Five-year ROI measures 206.78% and total cumulative return in cash totals $119,273.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,090/mo property income versus a $852/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1916
7,971 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50314, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,989 (100%) |
| Owner Occupied HU | 1,688 (33.8%) |
| Renter Occupied HU | 2,661 (53.3%) |
| Vacant Housing Units | 640 (12.8%) |
| Median Home Value | $168,263 |
| Average Home Value | $200,574 |
Residential
4,535
Single Family
3,252
Multi-Family
1,283
Businesses
370
Date | Event | Price |
|---|---|---|
| 2025-07-03 | Listing removed | $220,000 |
| 2025-05-22 | Price change | $220,000 |
| 2025-05-08 | Listed for sale | $240,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $3058.00 | 4.30% | $165,900 | N/A |
| 2023-10-22 | $2932.00 | 0.76% | $165,900 | 33.36% |
| 2022-10-22 | $2910.00 | 6.20% | $124,400 | N/A |
Listed by: Joel Conner • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #670572
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.
