








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 2101 Meadow Ct APT 603, Des Moines, IA, 50320 uses $61,991 cash to close to unlock $1,900/yr annual cash flow and $158/mo monthly cash flow. Total monthly income runs $1,545/mo, and a $915/mo payment keeps the spread at $158/mo. Purchase price stands at $187,000, and rental yield measures 9.91% with $1,545/mo rent. Return on cash invested shows 22.97% in year one, and 5% annual appreciation builds toward $51,665 over five years. Five-year ROI reaches 120.94% and total cumulative return in cash records $74,970. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,545/mo property income covering a $915/mo payment rather than investor’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
$160 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-04-10 | Listed for sale | $187,000 |
| 2022-10-13 | Sold | $165,000 |
| 2022-09-09 | Pending sale | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-14 | $2992.00 | 0.88% | $157,700 | 16.13% |
| 2022-04-14 | $2966.00 | 2.49% | $135,800 | N/A |
| 2021-04-14 | $2894.00 | -3.60% | $135,800 | 8.99% |



Listed by: Ashley Rebik • LPT Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #715262
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