








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 2334 Des Moines St, Des Moines, IA, 50317 listed at $187,000 pairs $1,475/mo rent with a $915/mo payment to leave $236/mo cash flow. Total monthly income runs $1,475/mo, and annual cash flow reaches $2,838/yr on $61,991 cash to close. Return on cash invested measures 24.49% in year one, and rental yield registers 9.47% at a $187,000 basis. Equity gained on principal adds $1,207/yr, and annual property appreciation at 5% supports $51,665 by year five. Five-year ROI tracks 128% and total cumulative return in cash totals $79,350. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,475/mo property income relative to a $915/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
6,011 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 |
|---|---|---|
| 2025-09-19 | Listed for sale | $187,000 |
| 2025-09-19 | Listing removed | $192,000 |
| 2025-08-25 | Price change | $192,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-24 | $3134.00 | 13.63% | $159,300 | N/A |
| 2023-09-24 | $2758.00 | 9.18% | $159,300 | 36.15% |
| 2022-09-24 | $2526.00 | 8.69% | $117,000 | N/A |



Listed by: Angie Vivaldo • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #726607
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.