








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 1433 22nd St, Des Moines, IA, 50311 offers a 9.39% rental yield on a $219,000 purchase with $1,714/mo rent. Total monthly income registers $1,714/mo, and a $1,072/mo payment leaves $292/mo available for distribution. Annual cash flow reaches $3,499/yr on $72,599 to close, and return on cash invested stands at 24.73% in year one. Equity gained on principal adds $1,413/yr while 5% annual appreciation supports $60,506 over five years. Portfolio math shows five-year ROI at 129.11% and total cumulative return in cash at $93,729. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,714/mo property income against a $1,072/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
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 |
|---|---|---|
| 2024-11-12 | Price change | $219,000 |
| 2024-10-21 | Listed for sale | $225,000 |
| 2016-10-24 | Sold | $136,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $2824.00 | 34.99% | $180,100 | 19.83% |
| 2022-11-20 | $2092.00 | 95.15% | $150,300 | N/A |
| 2021-11-20 | $1072.00 | 230.86% | $150,300 | 11.91% |



Listed by: Puspa Adhikari • Iowa Realty South
Mls Name: DMMLS
Mls Provider:
Mls ID: #706263
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.