








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 802, West Des Moines, IA, 50266 uses $59,670 cash to close to unlock $4,692/yr annual cash flow and $391/mo monthly cash flow. Total monthly income runs $1,750/mo, and a $881/mo payment keeps the spread at $391/mo. Purchase price stands at $180,000, and rental yield measures 11.67% with $1,750/mo rent. Return on cash invested shows 27.77% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 146.78% and total cumulative return in cash records $87,581. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,750/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
Built in 1995
4,225 sqft 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 |
|---|---|---|
| 2025-05-30 | Listed for sale | $180,000 |
| 2022-05-24 | Sold | $171,700 |
| 2022-04-21 | Pending sale | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-03 | $2686.00 | 4.68% | $169,400 | N/A |
| 2023-06-03 | $2566.00 | 8.54% | $169,400 | 27.46% |
| 2022-06-03 | $2364.00 | 2.34% | $132,900 | N/A |



Listed by: Phyllis Zediker • LPT Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #719206
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.