








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 150 S Prairie View Dr UNIT 601, West Des Moines, IA, 50266 uses $71,273 cash to close to unlock $4,248/yr annual cash flow and $354/mo monthly cash flow. Total monthly income runs $1,750/mo, and a $1,052/mo payment keeps the spread at $354/mo. Purchase price stands at $215,000, and rental yield measures 9.77% with $1,750/mo rent. Return on cash invested shows 25.87% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 135.18% and total cumulative return in cash records $96,349. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,750/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Condo
Built in 1995
4,225 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Anna Thomas • LPT Realty, LLC
Mls Name: DMMLS
Mls ID: #721963