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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 2321 Hart Ave APT 5, Des Moines, IA, 50320 uses $59,670 cash to close to unlock $2,827/yr annual cash flow and $236/mo monthly cash flow. Total monthly income runs $1,699/mo, and a $881/mo payment keeps the spread at $236/mo. Purchase price stands at $180,000, and rental yield measures 11.33% with $1,699/mo rent. Return on cash invested shows 24.65% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 130.83% and total cumulative return in cash records $78,065. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,699/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$220 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-08-07 | Listed for sale | $180,000 |
| 2016-10-28 | Sold | $115,000 |
| 2016-09-15 | Pending sale | $115,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-12 | $3628.36 | 10.30% | $164,600 | N/A |
| 2023-08-12 | $3289.60 | 17.57% | $164,600 | 27.99% |
| 2022-08-12 | $2798.00 | 1.38% | $128,600 | N/A |
Listed by: Irene Smith • Iowa Realty Ankeny
Mls Name: DMMLS
Mls Provider:
Mls ID: #723879
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.
