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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% |
Rental property for sale in West Des Moines at 150 S Prairie View Dr UNIT 204, West Des Moines, IA, 50266 generates $1,505/mo in rent and, after a $879/mo payment, leaves $149/mo in cash flow. Total monthly income is $1,505/mo, and annual cash flow is $1,786/yr on $59,504 invested. Return on cash invested sits at 22.91% in year one, and rental yield is 10.06% on a $179,500 entry. Equity gained on principal adds $1,158/yr, while 5% annual appreciation builds toward $49,593 over five years. Five-year ROI reaches 120.74% and total cumulative return in cash sums $71,848. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,505/mo property income rather than buyer’s personal income.
Condo
Built in 1996
N/A lot
$N/A/sqft
$190 monthly HOA
Neighborhood data shown for ZIP Code: 50266, West Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,158 (100%) |
| Owner Occupied HU | 9,448 (46.9%) |
| Renter Occupied HU | 8,717 (43.2%) |
| Vacant Housing Units | 1,993 ( 9.9%) |
| Median Home Value | $398,812 |
| Average Home Value | $442,652 |
Residential
19,201
Single Family
11,911
Multi-Family
7,290
Businesses
1,810
Date | Event | Price |
|---|---|---|
| 2025-04-01 | Listed for sale | $179,500 |
| 2015-06-26 | Sold | $105,000 |
| 2015-04-28 | Listed for sale | $105,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-02 | $2420.00 | 1.26% | $171,000 | 27.42% |
| 2022-04-02 | $2390.00 | 3.46% | $134,200 | N/A |
| 2021-04-02 | $2310.00 | 1.67% | $134,200 | 8.40% |
Listed by: Kevin Howe • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #714620
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.
