








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 Des Moines at 1523 Allison Ave, Des Moines, IA, 50314 at $169,000 posts ROI 27.74% with $366/mo cash flow from $1,463/mo rent. Total monthly income equals $1,463/mo, and annual cash flow records $4,387/yr on $56,024 to close. Return on cash invested measures 27.74% and rental yield reads 10.39% at the current $169,000. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 by year five. Five-year ROI prints 145.26% and total cumulative return in cash totals $81,379.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,463/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50314, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,989 (100%) |
| Owner Occupied HU | 1,688 (33.8%) |
| Renter Occupied HU | 2,661 (53.3%) |
| Vacant Housing Units | 640 (12.8%) |
| Median Home Value | $168,263 |
| Average Home Value | $200,574 |
Residential
4,535
Single Family
3,252
Multi-Family
1,283
Businesses
370
Date | Event | Price |
|---|---|---|
| 2025-05-09 | Listed for sale | $169,000 |
| 2019-06-14 | Sold | $129,900 |
| 2019-05-06 | Pending sale | $129,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-13 | $2164.00 | 0.19% | $120,500 | N/A |
| 2023-05-13 | $2160.00 | 0.84% | $120,500 | 19.90% |
| 2022-05-13 | $2142.00 | 14.30% | $100,500 | N/A |



Listed by: Deanna Lane • BHHS First Realty Westown
Mls Name: DMMLS
Mls Provider:
Mls ID: #717783
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.