2696 SE Osier AveWest Des MoinesIA50265
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in West Des Moines at 2696 SE Osier Ave, West Des Moines, IA, 50265 priced at $247,500 converts $1,168/mo rent into after a $1,211/mo obligation. Total monthly income equals $1,168/mo. Return on cash invested prints 11% in year one, and rental yield reads 5.66% against a $247,500 entry. Equity gained on principal adds $1,597/yr, while 5% annual appreciation compiles into $68,380 by year five. Five-year ROI reaches 56.36% and total cumulative return in cash sums $46,241. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,168/mo property income covering a $1,211/mo payment, not borrower’s personal income.
Condo
Built in 2021
1,873 sqft lot
$N/A/sqft
$170 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50265, West Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,157 (100%) |
| Owner Occupied HU | 9,392 (62.0%) |
| Renter Occupied HU | 4,929 (32.5%) |
| Vacant Housing Units | 836 ( 5.5%) |
| Median Home Value | $310,899 |
| Average Home Value | $379,482 |
Housing Distribution
Address Breakdown
Residential
15,049
Single Family
11,438
Multi-Family
3,611
Businesses
1,103
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Listed by: Rick Sabala • LPT Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #710060
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.