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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 134 Evergreen Pl, West Des Moines, IA, 50265 offers $1,715/mo rent that, after a $1,123/mo payment. Total monthly income is $1,715/mo. Return on cash invested measures 19.44% in year one, and rental yield stands at 8.97% at a $229,500 entry. Equity gained on principal adds $1,481/yr while 5% annual appreciation compounds into $63,407 by year five. Five-year ROI records 102.22% and total cumulative return in cash reaches $77,766. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,715/mo property income versus a $1,123/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1987
5,140 sqft lot
$N/A/sqft
$250 monthly 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 |
|---|---|---|
| 2024-10-10 | Price change | $229,500 |
| 2024-09-23 | Price change | $236,500 |
| 2024-09-18 | Listed for sale | $241,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $3544.00 | 1.26% | $237,400 | 23.39% |
| 2022-10-15 | $3500.00 | 7.76% | $192,400 | N/A |
| 2021-10-15 | $3248.00 | 1.63% | $192,400 | 12.78% |
Listed by: JOE SPICK • BHHS First Realty Westown
Mls Name: DMMLS
Mls Provider:
Mls ID: #704145
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.
