28 S My WayWest 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 28 S My Way, West Des Moines, IA, 50266 with 5% annual appreciation on a $1,199,375 basis while $1,948/mo rent supports operations. 33% in year one. Equity gained on principal adds $7,739/yr, and five-year appreciation sums $331,365 alongside rental yield of 1.95%. Five-year ROI measures 8.9% and total cumulative return in cash totals $34,567. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,948/mo property income versus a $5,870/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2026
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: Krisanne Colby • RE/MAX Precision
Mls Name: DMMLS
Mls ID: #728204