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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 Des Moines at 1331 Broad St, Des Moines, IA, 50315 offers $1,440/mo rent that, after a $832/mo payment, leaves $311/mo cash flow. Total monthly income is $1,440/mo, and annual cash flow is $3,726/yr on $56,322 cash. Return on cash invested measures 26.53% in year one, and rental yield stands at 10.17% at a $169,900 entry. Equity gained on principal adds $1,096/yr while 5% annual appreciation compounds into $46,940 by year five. Five-year ROI records 138.96% and total cumulative return in cash reaches $78,266. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,440/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
7,013 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-03-13 | Listed for sale | $169,900 |
| 1987-05-01 | Sold | $41,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-17 | $2890.00 | 0.84% | $151,900 | 15.51% |
| 2022-03-17 | $2866.00 | 7.34% | $131,500 | N/A |
| 2021-03-17 | $2670.00 | -3.54% | $131,500 | 13.75% |
Listed by: Chris Albright • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #713362
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.
