2801 Ep True Pkwy UNIT 201, West Des Moines, IA, 50265 | $331/mo Cash Flow

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2801 Ep True Pkwy UNIT 201, West Des Moines, IA, 50265 | $331/mo Cash Flow | Ziffy

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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 2801 Ep True Pkwy UNIT 201, West Des Moines, IA, 50265 offers a 9.4% rental yield on a $246,900 purchase with $1,934/mo rent. Total monthly income registers $1,934/mo, and a $1,208/mo payment leaves $331/mo available for distribution. Annual cash flow reaches $3,972/yr on $81,847 to close, and return on cash invested stands at 24.76% in year one. Equity gained on principal adds $1,593/yr while 5% annual appreciation supports $68,214 over five years. Portfolio math shows five-year ROI at 129.25% and total cumulative return in cash at $105,789. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,934/mo property income against a $1,208/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1995

2,657 sqft lot

$N/A/sqft

No HOA

More details about the property

Established neighborhood. Don't worry about mowing or shoveling. All one level living plus an entire basement for storage or finishing for extra space. Sunroom/den/study area with French doors, laundry room, guest BR and full bath, and main bedroom with private bathroom/shower. Open floor plan with plenty of room for a large dining table. Sliders out to your private deck overlooking lots of green space. 25 lb. pet limit. 60 Day closing preferred, so owner can retrieve personal property.

Neighborhood Data

Neighborhood data shown for ZIP Code: 50265, West Des Moines, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,157 (100%)
Owner Occupied HU	9,392 (62.0%)
Renter Occupied HU	4,929 (32.5%)
Vacant Housing Units	836 ( 5.5%)
Median Home Value	$310,899
Average Home Value	$379,482