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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 2516 Dean Ave, Des Moines, IA, 50317 listed at $134,900 pairs $1,674/mo rent with a $660/mo payment to leave $798/mo cash flow. Total monthly income runs $1,674/mo, and annual cash flow reaches $9,578/yr on $44,719 cash to close. Return on cash invested measures 41.33% in year one, and rental yield registers 14.89% at a $134,900 basis. Equity gained on principal adds $870/yr, and annual property appreciation at 5% supports $37,270 by year five. Five-year ROI tracks 218.2% and total cumulative return in cash totals $97,577. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,674/mo property income relative to a $660/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1890
7,361 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 |
|---|---|---|
| 2024-10-23 | Listed for sale | $134,900 |
| 2019-05-17 | Sold | $64,375 |
| 2019-04-30 | Pending sale | $64,375 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $1386.00 | 0.87% | $83,900 | 23.93% |
| 2022-11-20 | $1374.00 | -6.15% | $67,700 | N/A |
| 2021-11-20 | $1464.00 | -16.06% | $67,700 | 0.59% |
Listed by: Marlene Thatcher • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #706428
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.
