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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 3131 Fleur Dr UNIT 404, Des Moines, IA, 50321 generates $1,511/mo in rent, after a $1,419/mo payment. Total monthly income is $1,511/mo. Return on cash invested sits at 2.15% in year one, and rental yield is 6.25% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 12.83% and total cumulative return in cash sums $12,333. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,511/mo property income rather than buyer’s personal income.
Condo
Built in 1967
N/A lot
$N/A/sqft
$1,050 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-01-22 | Listed for sale | $289,900 |
| 2007-09-28 | Sold | $176,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $4166.00 | 0.73% | $197,000 | 11.43% |
| 2022-01-27 | $4136.00 | -0.62% | $176,800 | N/A |
| 2021-01-27 | $4162.00 | -3.75% | $176,800 | 6.00% |
Listed by: Joseph G. Henry • Iowa Realty South
Mls Name: DMMLS
Mls Provider:
Mls ID: #710578
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.
