Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1535 E 13th St, Des Moines, IA, 50316 uses $101,439 cash to close to unlock $3,822/yr annual cash flow and $318/mo monthly cash flow. Total monthly income runs $2,405/mo, and a $1,498/mo payment keeps the spread at $318/mo. Purchase price stands at $306,000, and rental yield measures 9.43% with $2,405/mo rent. Return on cash invested shows 23.68% in year one, and 5% annual appreciation builds toward $84,542 over five years. Five-year ROI reaches 123.88% and total cumulative return in cash records $125,664. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,405/mo property income covering a $1,498/mo payment rather than investor’s personal income.
Single Family
Built in 1902
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50316, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,465 (100%) |
| Owner Occupied HU | 3,346 (51.8%) |
| Renter Occupied HU | 2,621 (40.5%) |
| Vacant Housing Units | 498 ( 7.7%) |
| Median Home Value | $150,369 |
| Average Home Value | $226,314 |
Residential
5,910
Single Family
4,964
Multi-Family
946
Businesses
468
Date | Event | Price |
|---|---|---|
| 2025-10-09 | Sold | $306,000 |
| 2025-08-21 | Pending sale | $310,000 |
| 2025-08-19 | Listed for sale | $310,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $5838.43 | 108.37% | $170,300 | N/A |
| 2023-10-19 | $2802.00 | 0.79% | $170,300 | 33.26% |
| 2022-10-19 | $2780.00 | 6.27% | $127,800 | N/A |
Listed by: Patrick Pena • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #724472
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.
