








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 2067 Des Moines St, Des Moines, IA, 50317 with 5% annual appreciation on a $142,500 basis while $1,475/mo rent supports operations. Total monthly income totals $1,475/mo and a $697/mo payment preserves $550/mo for cash returns. Annual cash flow comes to $6,600/yr on $47,239 deployed, and return on cash invested reaches 33.88% in year one. Equity gained on principal adds $920/yr, and five-year appreciation sums $39,370 alongside rental yield of 12.42%. Five-year ROI measures 178.16% and total cumulative return in cash totals $84,159.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,475/mo property income versus a $697/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1917
5,183 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50317, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,159 (100%) |
| Owner Occupied HU | 10,616 (65.7%) |
| Renter Occupied HU | 4,615 (28.6%) |
| Vacant Housing Units | 928 ( 5.7%) |
| Median Home Value | $194,343 |
| Average Home Value | $254,761 |
Residential
15,138
Single Family
14,021
Multi-Family
1,117
Businesses
755
Date | Event | Price |
|---|---|---|
| 2024-11-12 | Price change | $142,500 |
| 2024-11-01 | Listed for sale | $149,900 |
| 2021-11-15 | Sold | $109,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $1466.00 | 2.09% | $79,900 | 28.46% |
| 2022-11-20 | $1436.00 | 7.81% | $62,200 | 1.30% |
| 2021-11-20 | $1332.00 | -3.76% | $61,400 | 14.98% |



Listed by: Jake Belay • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #706961
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.