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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 1346 47th St, Des Moines, IA, 50311 offers a 8.57% rental yield on a $374,000 purchase with $2,670/mo rent. Total monthly income registers $2,670/mo, and a $1,831/mo payment leaves $185/mo available for distribution. Annual cash flow reaches $2,221/yr on $123,981 to close, and return on cash invested stands at 21.7% in year one. Equity gained on principal adds $2,413/yr while 5% annual appreciation supports $103,329 over five years. Portfolio math shows five-year ROI at 113.07% and total cumulative return in cash at $140,185. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,670/mo property income against a $1,831/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
8,668 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50311, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,741 (100%) |
| Owner Occupied HU | 3,326 (49.3%) |
| Renter Occupied HU | 2,882 (42.8%) |
| Vacant Housing Units | 533 ( 7.9%) |
| Median Home Value | $257,277 |
| Average Home Value | $278,646 |
Residential
5,825
Single Family
4,742
Multi-Family
1,083
Businesses
274
Date | Event | Price |
|---|---|---|
| 2025-03-27 | Listed for sale | $374,000 |
| 2023-01-16 | Listing removed | N/A |
| 2022-09-30 | Price change | $346,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-29 | $6350.00 | 0.79% | $326,500 | 17.32% |
| 2022-03-29 | $6300.00 | 3.75% | $278,300 | N/A |
| 2021-03-29 | $6072.00 | -3.65% | $278,300 | 10.48% |
Listed by: June Mackay • Stevens Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #714341
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.
