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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Des Moines at 2907 67th St, Des Moines, IA, 50322 generates $1,728/mo in rent, after a $1,346/mo payment. Total monthly income is $1,728/mo. Return on cash invested sits at 18.75% in year one, and rental yield is 7.54% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 97.22% and total cumulative return in cash sums $88,631. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,728/mo property income rather than buyer’s personal income.
Multi Family
Built in 1971
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50322, Urbandale, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,132 (100%) |
| Owner Occupied HU | 9,754 (69.0%) |
| Renter Occupied HU | 3,744 (26.5%) |
| Vacant Housing Units | 634 ( 4.5%) |
| Median Home Value | $284,903 |
| Average Home Value | $302,461 |
Residential
13,630
Single Family
10,811
Multi-Family
2,819
Businesses
1,407
Date | Event | Price |
|---|---|---|
| 2024-11-19 | Listed for sale | $275,000 |
| 2010-03-12 | Sold | $135,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $4538.00 | 0.80% | $229,800 | 20.44% |
| 2022-11-20 | $4502.00 | 2.60% | $190,800 | N/A |
| 2021-11-20 | $4388.00 | -3.69% | $190,800 | 9.47% |
Listed by: Amber Salmon • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #708062
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.
