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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% |
Rental property for sale in Des Moines at 1811 56th St, Des Moines, IA, 50310 generates $2,046/mo in rent and, after a $1,174/mo payment, leaves $465/mo in cash flow. Total monthly income is $2,046/mo, and annual cash flow is $5,580/yr on $79,527 invested. Return on cash invested sits at 26.93% in year one, and rental yield is 10.23% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 140.99% and total cumulative return in cash sums $112,123. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,046/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50310, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,226 (100%) |
| Owner Occupied HU | 9,081 (63.8%) |
| Renter Occupied HU | 4,361 (30.7%) |
| Vacant Housing Units | 784 ( 5.5%) |
| Median Home Value | $237,952 |
| Average Home Value | $269,365 |
Residential
13,690
Single Family
11,750
Multi-Family
1,940
Businesses
755
Date | Event | Price |
|---|---|---|
| 2025-07-01 | Sold | $239,900 |
| 2025-06-07 | Pending sale | $239,900 |
| 2025-05-25 | Listed for sale | $239,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-07 | $3924.00 | -4.85% | $209,900 | N/A |
| 2023-10-07 | $4124.00 | 0.78% | $209,900 | 14.14% |
| 2022-10-07 | $4092.00 | -0.34% | $183,900 | N/A |
Listed by: Mike Jenkins • Weichert, Realtors-Miller & Clark Agency
Mls Name: CIBR
Mls Provider:
Mls ID: #67183
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.
