








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in West Des Moines at 2908 Giles St, West Des Moines, IA, 50265 uses $72,599 cash to close to unlock $907/yr annual cash flow and $76/mo monthly cash flow. Total monthly income runs $1,498/mo, and a $1,072/mo payment keeps the spread at $76/mo. Purchase price stands at $219,000, and rental yield measures 8.21% with $1,498/mo rent. Return on cash invested shows 21.16% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 109.97% and total cumulative return in cash records $79,833. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,498/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Single Family
Built in 1959
9,757 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50265, West Des Moines, IA area.
| 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 |
Residential
15,049
Single Family
11,438
Multi-Family
3,611
Businesses
1,103
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Collin Coy • Realty ONE Group Impact
Mls Name: DMMLS
Mls ID: #730778