Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 West Des Moines at 277 S 79th St UNIT 406, West Des Moines, IA, 50266 uses $75,880 cash to close to unlock $45/yr annual cash flow and $4/mo monthly cash flow. Total monthly income runs $1,750/mo, and a $1,120/mo payment keeps the spread at $4/mo. Purchase price stands at $228,900, and rental yield measures 9.17% with $1,750/mo rent. Return on cash invested shows 19.97% in year one, and 5% annual appreciation builds toward $63,241 over five years. Five-year ROI reaches 105.05% and total cumulative return in cash records $79,713. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,750/mo property income covering a $1,120/mo payment rather than investor’s personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
$260 monthly HOA
Neighborhood data shown for ZIP Code: 50266, West Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,158 (100%) |
| Owner Occupied HU | 9,448 (46.9%) |
| Renter Occupied HU | 8,717 (43.2%) |
| Vacant Housing Units | 1,993 ( 9.9%) |
| Median Home Value | $398,812 |
| Average Home Value | $442,652 |
Residential
19,201
Single Family
11,911
Multi-Family
7,290
Businesses
1,810
Date | Event | Price |
|---|---|---|
| 2025-04-22 | Listed for sale | $228,900 |
| 2013-08-07 | Sold | $132,900 |
| 2013-07-06 | Listed for sale | $134,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-25 | $3042.00 | 8.49% | $198,560 | 15.89% |
| 2022-04-25 | $2804.00 | -0.71% | $171,330 | 6.75% |
| 2021-04-25 | $2824.00 | -3.75% | $160,500 | 4.51% |
Listed by: Megan Hill Mitchum • Century 21 Signature
Mls Name: DMMLS
Mls Provider:
Mls ID: #716229
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.
