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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 151 52nd St, West Des Moines, IA, 50265 offers a 8.62% rental yield on a $195,000 purchase with $1,401/mo rent. 2% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 90.59% and total cumulative return in cash at $58,558. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,401/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1989
609.84 sqft lot
$N/A/sqft
$281 monthly 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 |
|---|---|---|
| 2025-04-21 | Listed for sale | $195,000 |
| 2022-11-28 | Sold | $150,000 |
| 2022-11-02 | Pending sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $2568.00 | 11.56% | $162,000 | N/A |
| 2023-04-24 | $2302.00 | 1.32% | $162,000 | 23.19% |
| 2022-04-24 | $2272.00 | -1.65% | $131,500 | N/A |
Listed by: Lynn Harder • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #716092
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.
