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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 2410 E 12th St, Des Moines, IA, 50316 uses $62,322 cash to close to unlock $3,914/yr annual cash flow and $326/mo monthly cash flow. Total monthly income runs $1,583/mo, and a $920/mo payment keeps the spread at $326/mo. Purchase price stands at $188,000, and rental yield measures 10.1% with $1,583/mo rent. Return on cash invested shows 26.19% in year one, and 5% annual appreciation builds toward $51,941 over five years. Five-year ROI reaches 137.24% and total cumulative return in cash records $85,532. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,583/mo property income covering a $920/mo payment rather than investor’s personal income.
Single Family
Built in 1921
6,621 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50316, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,465 (100%) |
| Owner Occupied HU | 3,346 (51.8%) |
| Renter Occupied HU | 2,621 (40.5%) |
| Vacant Housing Units | 498 ( 7.7%) |
| Median Home Value | $150,369 |
| Average Home Value | $226,314 |
Residential
5,910
Single Family
4,964
Multi-Family
946
Businesses
468
Date | Event | Price |
|---|---|---|
| 2025-04-25 | Listed for sale | $188,000 |
| 2020-03-26 | Sold | $157,000 |
| 2020-02-24 | Pending sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-29 | $3290.00 | -8.15% | $167,200 | N/A |
| 2023-04-29 | $3582.00 | 0.73% | $167,200 | 10.00% |
| 2022-04-29 | $3556.00 | -6.17% | $152,000 | N/A |
Listed by: Mike Counts • RE/MAX Revolution
Mls Name: DMMLS
Mls Provider:
Mls ID: #716468
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.
