








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 Waukee at 140 SE Waddell Way, Waukee, IA, 50263 listed at $400,000 pairs $2,591/mo rent with a $1,958/mo payment. Total monthly income runs $2,591/mo. Return on cash invested measures 19.51% in year one, and rental yield registers 7.77% at a $400,000 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,513 by year five. Five-year ROI tracks 101.22% and total cumulative return in cash totals $134,224. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,591/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
9,147 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood data shown for ZIP Code: 50263, Waukee, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,203 (100%) |
| Owner Occupied HU | 8,835 (62.2%) |
| Renter Occupied HU | 3,821 (26.9%) |
| Vacant Housing Units | 1,547 (10.9%) |
| Median Home Value | $376,616 |
| Average Home Value | $419,225 |
Residential
13,089
Single Family
11,519
Multi-Family
1,570
Businesses
611
Date | Event | Price |
|---|---|---|
| 2024-10-01 | Listed for sale | $400,000 |
| 2024-08-29 | Listing removed | $399,900 |
| 2024-07-05 | Price change | $399,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $5822.00 | 3.71% | $347,070 | 12.47% |
| 2022-10-14 | $5614.00 | -1.47% | $308,580 | 2.49% |
| 2021-10-14 | $5698.00 | -1.01% | $301,090 | 4.26% |



Listed by: Sandra Gustafson • BHHS First Realty Westown
Mls Name: DMMLS
Mls Provider:
Mls ID: #704873
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.