317 7th St, West Des Moines, IA, 50265 | $776/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

317 7th St, West Des Moines, IA, 50265 | $776/mo Cash Flow | Ziffy

For Sale

Listed for sale 7 days ago

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
3 Bath
1606 sft

2647 SE Creekhill Way, West Des Moines, IA, 50265

4 Bed
3 Bath
1442 sft

2621 SE Creekhill Way, West Des Moines, IA, 50265

4 Bed
3 Bath
2953 sft

205 S 29th St, West Des Moines, IA, 50265

5 Bed
4 Bath
2053 sft

2438 SE Creekhill Way, West Des Moines, IA, 50265

Nearby investment properties with comparable prices

4 Bed
2 Bath
1451 sft

520 W Benton St, Winterset, IA, 50273

3 Bed
2 Bath
978 sft

4014 High St, West Des Moines, IA, 50265

3 Bed
2 Bath
1144 sft

232/234 8th St #2, West Des Moines, IA, 50265

2 Bed
2 Bath
1278 sft

140 S 52nd St, West Des Moines, IA, 50265

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Rental property for sale in West Des Moines at 317 7th St, West Des Moines, IA, 50265 priced at $250,000 converts $2,400/mo rent into $776/mo cash flow after a $1,224/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $9,312/yr on $82,875 invested. Return on cash invested prints 31.15% in year one, and rental yield reads 11.52% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 163.49% and total cumulative return in cash sums $135,490. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,224/mo payment, not borrower’s personal income.

Single Family

Built in 1920

7,230 sqft lot

$N/A/sqft

No HOA

More details about the property

Excellent investment opportunity in Valley Junction! 317 7th St West Des Moines, IA triplex offers three separate rental units: two main-floor units and a spacious upper unit with two bedrooms and an additional flex space in the finished attic. Unit 101 and 103 are both studio apartments with a living area, spacious kitchen and full bathroom. Unit 201 consists of 2 bedrooms, separate kitchen and living room plus an additional flex space in the finished attic area! Built in 1920 with insulated exterior walls, the property combines historic character with important updates, including a new water heater (2023) and multiple electrical upgrades throughout the years. Tenants will appreciate the open layout, functional updates, and easy access to nearby shopping, dining, and events in the heart of Historic Valley Junction. The home also features backyard parking with alley access, providing practical off-street parking for multiple occupants. With strong rental demand in this area, this triplex is ideal for investors looking to expand their portfolio or owner-occupants seeking additional income. A rare opportunity to own a multi-unit property in one of West Des Moines most desirable neighborhoods. All information obtained from seller and public records.

Neighborhood Data

Neighborhood data shown for ZIP Code: 50265, West Des Moines, IA area.

Housing Distribution

Housing Statistics

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