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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 1803 62nd St, Des Moines, IA, 50322 earns $352/mo cash flow from $1,824/mo rent with a $1,101/mo payment. Total monthly income totals $1,824/mo, and annual cash flow totals $4,221/yr on $74,588 capital. ROI tracks 25.57% on current figures, and rental yield reads 9.73% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 133.66% and total cumulative return in cash sums $99,693. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,824/mo property income instead of your personal income.
Single Family
Built in 1950
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50322, Urbandale, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,132 (100%) |
| Owner Occupied HU | 9,754 (69.0%) |
| Renter Occupied HU | 3,744 (26.5%) |
| Vacant Housing Units | 634 ( 4.5%) |
| Median Home Value | $284,903 |
| Average Home Value | $302,461 |
Residential
13,630
Single Family
10,811
Multi-Family
2,819
Businesses
1,407
Date | Event | Price |
|---|---|---|
| 2025-07-16 | Sold | $225,000 |
| 2025-06-16 | Pending sale | $225,000 |
| 2025-06-12 | Price change | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-04 | $3556.00 | -4.56% | $180,800 | N/A |
| 2023-11-04 | $3726.00 | 0.76% | $180,800 | 14.36% |
| 2022-11-04 | $3698.00 | 4.40% | $158,100 | N/A |
Listed by: Lisa Davis • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #718563
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.
