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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 2724 College Ave, Des Moines, IA, 50311 uses $56,024 cash to close to unlock $2,515/yr annual cash flow and $210/mo monthly cash flow. Total monthly income runs $1,307/mo, and a $827/mo payment keeps the spread at $210/mo. Purchase price stands at $169,000, and rental yield measures 9.28% with $1,307/mo rent. Return on cash invested shows 24.4% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 127.35% and total cumulative return in cash records $71,347. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,307/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1896
7,128 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50311, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,741 (100%) |
| Owner Occupied HU | 3,326 (49.3%) |
| Renter Occupied HU | 2,882 (42.8%) |
| Vacant Housing Units | 533 ( 7.9%) |
| Median Home Value | $257,277 |
| Average Home Value | $278,646 |
Residential
5,825
Single Family
4,742
Multi-Family
1,083
Businesses
274
Date | Event | Price |
|---|---|---|
| 2025-08-28 | Listed for sale | $169,000 |
| 2025-08-02 | Listing removed | $1,800 |
| 2025-07-18 | Listed for rent | $1,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-03 | $2124.00 | 1.82% | $108,000 | N/A |
| 2023-09-03 | $2086.00 | 0.77% | $108,000 | 22.03% |
| 2022-09-03 | $2070.00 | 19.38% | $88,500 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
