277 S 79th St UNIT 703West Des MoinesIA50266
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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
Investment property for sale in West Des Moines at 277 S 79th St UNIT 703, West Des Moines, IA, 50266 listed at $190,000 pairs $1,496/mo rent with a $930/mo payment to leave $262/mo cash flow. Total monthly income runs $1,496/mo, and annual cash flow reaches $3,144/yr on $62,985 cash to close. Return on cash invested measures 24.9% in year one, and rental yield registers 9.45% at a $190,000 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,494 by year five. Five-year ROI tracks 130.01% and total cumulative return in cash totals $81,888. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,496/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50266, West Des Moines, IA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
19,201
Single Family
11,911
Multi-Family
7,290
Businesses
1,810
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Listed by: STEVEN CAMERONA • Iowa Realty Beaverdale
Mls Name: DMMLS
Mls ID: #730350