2321 Scenic Valley DrWest Des MoinesIA50265
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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
Investment Highlights
Rental property for sale in West Des Moines at 2321 Scenic Valley Dr, West Des Moines, IA, 50265 priced at $549,500 pairs $1,598/mo rent with after a $2,690/mo payment. Total monthly income equals $1,598/mo. Return on cash invested is 5.65% in year one, and rental yield stands at 3.49% on a $549,500 basis. Equity gained on principal adds $3,546/yr, and 5% annual appreciation accumulates to $151,817 by year five. Five-year ROI measures 27.23% and total cumulative return in cash reaches $49,221. For financing, Ziffy Mortgage’s DSCR program evaluates $1,598/mo property income against a $2,690/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2018
8,102 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50265, West Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,157 (100%) |
| Owner Occupied HU | 9,392 (62.0%) |
| Renter Occupied HU | 4,929 (32.5%) |
| Vacant Housing Units | 836 ( 5.5%) |
| Median Home Value | $310,899 |
| Average Home Value | $379,482 |
Housing Distribution
Address Breakdown
Residential
15,049
Single Family
11,438
Multi-Family
3,611
Businesses
1,103
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Listed by: Dave Crawford • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #707415
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.