








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 1410 E Sheridan Ave, Des Moines, IA, 50316 listed at $148,000 pairs $1,834/mo rent with a $724/mo payment to leave $752/mo cash flow. Total monthly income runs $1,834/mo, and annual cash flow reaches $9,024/yr on $49,062 cash to close. Return on cash invested measures 38.3% in year one, and rental yield registers 14.87% at a $148,000 basis. Equity gained on principal adds $955/yr, and annual property appreciation at 5% supports $40,890 by year five. Five-year ROI tracks 202.94% and total cumulative return in cash totals $99,566. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,834/mo property income relative to a $724/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
9,801 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50316, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,465 (100%) |
| Owner Occupied HU | 3,346 (51.8%) |
| Renter Occupied HU | 2,621 (40.5%) |
| Vacant Housing Units | 498 ( 7.7%) |
| Median Home Value | $150,369 |
| Average Home Value | $226,314 |
Residential
5,910
Single Family
4,964
Multi-Family
946
Businesses
468
Date | Event | Price |
|---|---|---|
| 2025-08-22 | Sold | $148,000 |
| 2025-07-30 | Pending sale | $155,000 |
| 2025-07-29 | Listed for sale | $155,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | $3704.00 | 4.34% | $198,700 | N/A |
| 2023-10-29 | $3550.00 | 0.85% | $198,700 | 24.58% |
| 2022-10-29 | $3520.00 | 7.45% | $159,500 | N/A |



Listed by: Lisa Jackson • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #723219
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