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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% |
Rental property for sale in West Des Moines at 1323 S Atticus St, West Des Moines, IA, 50266 offers $2,587/mo rent that, after a $1,958/mo payment. Total monthly income is $2,587/mo. Return on cash invested measures 17.95% in year one, and rental yield stands at 7.76% at a $399,990 entry. Equity gained on principal adds $2,581/yr while 5% annual appreciation compounds into $110,510 by year five. Five-year ROI records 93.47% and total cumulative return in cash reaches $123,937. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,587/mo property income versus a $1,958/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2024
6,969 sqft lot
$N/A/sqft
$205 monthly 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 |
|---|---|---|
| 2024-10-11 | Price change | $399,990 |
| 2024-09-26 | Price change | $404,990 |
| 2024-04-02 | Listed for sale | $419,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | N/A | N/A | $50 | N/A |
| 2022-10-14 | N/A | N/A | $50 | N/A |
| 2021-10-14 | N/A | N/A | $50 | N/A |
Listed by: Rob Burditt • Hubbell Homes of Iowa, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #692109
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.
