








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 SW 9th St, Des Moines, IA, 50315 listed at $225,000 pairs $1,509/mo rent with a $1,101/mo payment to leave $48/mo cash flow. Total monthly income runs $1,509/mo, and annual cash flow reaches $576/yr on $74,588 cash to close. Return on cash invested measures 20.68% in year one, and rental yield registers 8.05% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 107.37% and total cumulative return in cash totals $80,085. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,509/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1919
10,802 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-01-07 | Price change | $225,000 |
| 2024-10-23 | Listed for sale | $229,900 |
| 2009-04-04 | Listing removed | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $3260.00 | 0.80% | $173,100 | 25.16% |
| 2022-01-27 | $3234.00 | 4.12% | $138,300 | N/A |
| 2021-01-27 | $3106.00 | -3.78% | $138,300 | 11.08% |



Listed by: Kate Carlson • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #706318
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