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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 West Des Moines at 1492 S 50th Pl, West Des Moines, IA, 50265 offers a 8% rental yield on a $359,900 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $1,762/mo payment leaves $62/mo available for distribution. Annual cash flow reaches $746/yr on $119,307 to close, and return on cash invested stands at 20.53% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 106.63% and total cumulative return in cash at $127,214. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.34 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-09-10 | Price change | $359,900 |
| 2024-08-09 | Listed for sale | $374,500 |
| 2008-04-24 | Sold | $173,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $4124.00 | 1.28% | $268,900 | 20.91% |
| 2022-10-14 | $4072.00 | 0.54% | $222,400 | N/A |
| 2021-10-14 | $4050.00 | 1.66% | $222,400 | 5.65% |
Listed by: MARTHA T. LEBRON DYKEMAN • BHHS First Realty Westown
Mls Name: DMMLS
Mls Provider:
Mls ID: #700768
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.
