








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 Waukee at 3120 Whitepine Ct, Waukee, IA, 50263 priced at $900,000 converts $3,334/mo rent into after a $4,405/mo obligation. Total monthly income equals $3,334/mo. Return on cash invested prints 9.6% in year one, and rental yield reads 4.45% against a $900,000 entry. Equity gained on principal adds $5,808/yr, while 5% annual appreciation compiles into $248,653 by year five. Five-year ROI reaches 48.02% and total cumulative return in cash sums $142,200. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,334/mo property income covering a $4,405/mo payment, not borrower’s personal income.
Single Family
Built in 2015
0.44 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood data shown for ZIP Code: 50263, Waukee, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,203 (100%) |
| Owner Occupied HU | 8,835 (62.2%) |
| Renter Occupied HU | 3,821 (26.9%) |
| Vacant Housing Units | 1,547 (10.9%) |
| Median Home Value | $376,616 |
| Average Home Value | $419,225 |
Residential
13,089
Single Family
11,519
Multi-Family
1,570
Businesses
611
Date | Event | Price |
|---|---|---|
| 2025-03-28 | Listed for sale | $900,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-01 | $14078.00 | 4.37% | $798,610 | 10.21% |
| 2022-04-01 | $13488.00 | -5.23% | $724,650 | 3.23% |
| 2021-04-01 | $14232.00 | 2.04% | $701,970 | 0.32% |



Listed by: Rochelle Burnett • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #714380
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.