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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 3225 State Ave, Des Moines, IA, 50317 listed at $237,500 pairs $2,272/mo rent with a $1,162/mo payment to leave $730/mo cash flow. Total monthly income runs $2,272/mo, and annual cash flow reaches $8,760/yr on $78,731 cash to close. Return on cash invested measures 31.04% in year one, and rental yield registers 11.48% at a $237,500 basis. Equity gained on principal adds $1,533/yr, and annual property appreciation at 5% supports $65,617 by year five. Five-year ROI tracks 162.9% and total cumulative return in cash totals $128,253. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,272/mo property income relative to a $1,162/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50317, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,159 (100%) |
| Owner Occupied HU | 10,616 (65.7%) |
| Renter Occupied HU | 4,615 (28.6%) |
| Vacant Housing Units | 928 ( 5.7%) |
| Median Home Value | $194,343 |
| Average Home Value | $254,761 |
Residential
15,138
Single Family
14,021
Multi-Family
1,117
Businesses
755
Date | Event | Price |
|---|---|---|
| 2025-08-01 | Sold | $237,500 |
| 2025-06-19 | Pending sale | $249,900 |
| 2025-06-10 | Listed for sale | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $2046.00 | 3.65% | $104,000 | N/A |
| 2023-10-21 | $1974.00 | 0.71% | $104,000 | 24.11% |
| 2022-10-21 | $1960.00 | 2.62% | $83,800 | N/A |
Listed by: Kailey Signs • LPT Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #719863
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.
