








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 2007 E 12th St, Des Moines, IA, 50316 generates $1,620/mo in rent and, after a $1,028/mo payment, leaves $232/mo in cash flow. Total monthly income is $1,620/mo, and annual cash flow is $2,786/yr on $69,615 invested. Return on cash invested sits at 23.91% in year one, and rental yield is 9.26% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 124.91% and total cumulative return in cash sums $86,956. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,620/mo property income rather than buyer’s personal income.
Single Family
Built in 1914
7,971 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 |
|---|---|---|
| 2025-05-15 | Listed for sale | $210,000 |
| 2021-05-17 | Sold | $163,900 |
| 2021-04-09 | Pending sale | $158,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-19 | $3478.00 | -9.85% | $187,300 | N/A |
| 2023-05-19 | $3858.00 | 0.78% | $187,300 | 14.42% |
| 2022-05-19 | $3828.00 | 13.73% | $163,700 | N/A |



Listed by: Rocio Hermosillo • EXP Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #717992
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.