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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 2001 Avalon Rd, Des Moines, IA, 50314 priced at $239,000 converts $1,099/mo rent into after a $1,170/mo obligation. Total monthly income equals $1,099/mo. Return on cash invested prints 13.04% in year one, and rental yield reads 5.52% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 66.42% and total cumulative return in cash sums $52,620. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,099/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Single Family
Built in 1940
6,446 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50314, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,989 (100%) |
| Owner Occupied HU | 1,688 (33.8%) |
| Renter Occupied HU | 2,661 (53.3%) |
| Vacant Housing Units | 640 (12.8%) |
| Median Home Value | $168,263 |
| Average Home Value | $200,574 |
Residential
4,535
Single Family
3,252
Multi-Family
1,283
Businesses
370
Date | Event | Price |
|---|---|---|
| 2024-10-29 | Price change | $239,000 |
| 2024-10-12 | Price change | $245,000 |
| 2024-09-26 | Listed for sale | $255,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $2444.00 | 0.83% | $138,100 | 22.65% |
| 2022-11-20 | $2424.00 | -3.43% | $112,600 | N/A |
| 2021-11-20 | $2510.00 | -3.54% | $112,600 | 3.11% |
Listed by: Alicia Seifert • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #704700
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.
