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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% |
Investment property for sale in Des Moines at 3137 8th St, Des Moines, IA, 50313 listed at $172,500 pairs $1,576/mo rent with a $844/mo payment to leave $456/mo cash flow. Total monthly income runs $1,576/mo, and annual cash flow reaches $5,472/yr on $57,184 cash to close. Return on cash invested measures 29.48% in year one, and rental yield registers 10.96% at a $172,500 basis. Equity gained on principal adds $1,113/yr, and annual property appreciation at 5% supports $47,659 by year five. Five-year ROI tracks 154.52% and total cumulative return in cash totals $88,358. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,576/mo property income relative to a $844/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1901
4,530 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50313, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,209 (100%) |
| Owner Occupied HU | 5,002 (69.4%) |
| Renter Occupied HU | 1,759 (24.4%) |
| Vacant Housing Units | 448 ( 6.2%) |
| Median Home Value | $198,048 |
| Average Home Value | $285,555 |
Residential
6,888
Single Family
6,411
Multi-Family
477
Businesses
945
Date | Event | Price |
|---|---|---|
| 2024-10-10 | Price change | $1,575 |
| 2024-10-08 | Price change | $172,500 |
| 2024-09-25 | Price change | $1,650 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2022.00 | 0.80% | $101,100 | 17.83% |
| 2022-10-15 | $2006.00 | 7.85% | $85,800 | N/A |
| 2021-10-15 | $1860.00 | -3.73% | $85,800 | 15.17% |
Listed by: Isaiah Roth • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #694254
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.
