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 1618 Des Moines St, Des Moines, IA, 50316 uses $56,355 cash to close to unlock $1,416/yr annual cash flow and $118/mo monthly cash flow. Total monthly income runs $1,222/mo, and a $832/mo payment keeps the spread at $118/mo. Purchase price stands at $170,000, and rental yield measures 8.63% with $1,222/mo rent. Return on cash invested shows 22.42% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 116.71% and total cumulative return in cash records $65,769. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,222/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1908
4,499 sqft 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 |
|---|---|---|
| 2025-07-10 | Listed for sale | $170,000 |
| 2021-03-08 | Sold | $60,000 |
| 2006-08-04 | Sold | $14,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-14 | $1300.00 | 4.67% | $66,100 | N/A |
| 2023-07-14 | $1242.00 | 0.81% | $66,100 | 25.43% |
| 2022-07-14 | $1232.00 | 7.32% | $52,700 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
