280 S 79th St UNIT 802, West Des Moines, IA, 50266 | $15/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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280 S 79th St UNIT 802, West Des Moines, IA, 50266 | $15/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in West Des Moines at 280 S 79th St UNIT 802, West Des Moines, IA, 50266 earns $15/mo cash flow from $2,028/mo rent with a $1,517/mo payment. Total monthly income totals $2,028/mo, and annual cash flow totals $180/yr on $102,765 capital. ROI tracks 20.08% on current figures, and rental yield reads 7.85% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 104.16% and total cumulative return in cash sums $107,035. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,028/mo property income instead of your personal income.

Condo

Built in 2004

N/A lot

$N/A/sqft

No HOA

More details about the property

Light-filled and inviting, this 2 bedroom, 2 bath end-unit townhome offers 1,436 sq ft of comfort and style. The remodeled kitchen with granite countertops and stainless appliances makes cooking a joy, while the sunroom provides the perfect flexible space, whether for a cozy reading nook, home office, or playroom. Step outside to a private patio surrounded by mature trees, ideal for morning coffee or evening relaxation. Fresh paint, new carpet, and updated lighting create a warm, modern feel throughout, and a 2-car garage adds convenience. Located near Jordan Creek shopping and dining, Valley View Park, and Waukee schools, this home blends comfort, convenience, and community.

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