230 S 68th St UNIT 1304, West Des Moines, IA, 50266 | $357/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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230 S 68th St UNIT 1304, West Des Moines, IA, 50266 | $357/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in West Des Moines at 230 S 68th St UNIT 1304, West Des Moines, IA, 50266 earns $357/mo cash flow from $1,364/mo rent with a $759/mo payment. Total monthly income totals $1,364/mo, and annual cash flow totals $4,284/yr on $51,383 capital. ROI tracks 28.25% on current figures, and rental yield reads 10.56% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 147.93% and total cumulative return in cash sums $76,012. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,364/mo property income instead of your personal income.

Condo

Built in 2005

1,794 sqft lot

$N/A/sqft

No HOA

More details about the property

Experience urban style in this stunning loft featuring soaring ceilings with exposed ductwork and tall floor-to-ceiling windows that fill the space with natural light. The open kitchen boasts maple cabinetry, granite countertops, and stainless steel appliances. The upgraded bathroom includes granite countertops, while the versatile walls allow you to open the bedroom to the living space or close it off for privacy. A moveable fireplace serves as a stylish focal point, and the full-length covered balcony overlooking the west side is the perfect spot to entertainenjoy summer concerts or watch holiday fireworks right from home. With one-level living, ELEVATOR access, and pet-friendly HOA (water included), this loft is both convenient and comfortable. Investor friendly!

Neighborhood Data

Neighborhood data shown for ZIP Code: 50266, West Des Moines, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,158 (100%)
Owner Occupied HU	9,448 (46.9%)
Renter Occupied HU	8,717 (43.2%)
Vacant Housing Units	1,993 ( 9.9%)
Median Home Value	$398,812
Average Home Value	$442,652