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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 Des Moines at 1540 33rd St, Des Moines, IA, 50311 listed at $140,000 pairs $1,117/mo rent with a $685/mo payment to leave $183/mo cash flow. Total monthly income runs $1,117/mo, and annual cash flow reaches $2,194/yr on $46,410 cash to close. Return on cash invested measures 24.64% in year one, and rental yield registers 9.57% at a $140,000 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,679 by year five. Five-year ROI tracks 128.84% and total cumulative return in cash totals $59,794. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,117/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1890
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50311, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,741 (100%) |
| Owner Occupied HU | 3,326 (49.3%) |
| Renter Occupied HU | 2,882 (42.8%) |
| Vacant Housing Units | 533 ( 7.9%) |
| Median Home Value | $257,277 |
| Average Home Value | $278,646 |
Residential
5,825
Single Family
4,742
Multi-Family
1,083
Businesses
274
Date | Event | Price |
|---|---|---|
| 2025-04-23 | Listed for sale | $140,000 |
| 2025-02-21 | Listing removed | $1,220 |
| 2025-01-20 | Listed for rent | $1,220 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-27 | $2430.00 | 4.92% | $123,500 | N/A |
| 2023-04-27 | $2316.00 | 0.70% | $123,500 | 25.64% |
| 2022-04-27 | $2300.00 | 6.28% | $98,300 | N/A |
Listed by: Darson Grantham • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #715815
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.
