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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% |
Investment property for sale in Des Moines at 2118 37th St, Des Moines, IA, 50310 uses $90,168 cash to close to unlock $10,846/yr annual cash flow and $904/mo monthly cash flow. Total monthly income runs $2,670/mo, and a $1,331/mo payment keeps the spread at $904/mo. Purchase price stands at $272,000, and rental yield measures 11.78% with $2,670/mo rent. Return on cash invested shows 31.94% in year one, and 5% annual appreciation builds toward $75,149 over five years. Five-year ROI reaches 167.73% and total cumulative return in cash records $151,241. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,670/mo property income covering a $1,331/mo payment rather than investor’s personal income.
Single Family
Built in 1924
7,013 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 |
|---|---|---|
| 2025-07-18 | Listed for sale | $272,000 |
| 2025-07-04 | Listing removed | $274,500 |
| 2025-03-21 | Price change | $274,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-23 | $3364.00 | -4.54% | $228,600 | 33.68% |
| 2023-07-23 | $3524.00 | 0.80% | $171,000 | 14.38% |
| 2022-07-23 | $3496.00 | -39.93% | $149,500 | N/A |
Listed by: Gee Nayou • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #722667
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.
