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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 2323 Maple St, Des Moines, IA, 50317 uses $57,979 cash to close to unlock $4,070/yr annual cash flow and $339/mo monthly cash flow. Total monthly income runs $1,475/mo, and a $856/mo payment keeps the spread at $339/mo. Purchase price stands at $174,900, and rental yield measures 10.12% with $1,475/mo rent. Return on cash invested shows 26.93% in year one, and 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 140.97% and total cumulative return in cash records $81,732. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,475/mo property income covering a $856/mo payment rather than investor’s personal income.
Single Family
Built in 1916
6,838 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50317, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,159 (100%) |
| Owner Occupied HU | 10,616 (65.7%) |
| Renter Occupied HU | 4,615 (28.6%) |
| Vacant Housing Units | 928 ( 5.7%) |
| Median Home Value | $194,343 |
| Average Home Value | $254,761 |
Residential
15,138
Single Family
14,021
Multi-Family
1,117
Businesses
755
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Medina Rahmanovic • RE/MAX Precision
Mls Name: DMMLS
Mls ID: #717338
