Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 West Des Moines at 324 8th St, West Des Moines, IA, 50265 generates $1,265/mo in rent and, after a $940/mo payment, leaves $18/mo in cash flow. Total monthly income is $1,265/mo, and annual cash flow is $214/yr on $63,648 invested. Return on cash invested sits at 20.24% in year one, and rental yield is 7.91% on a $192,000 entry. Equity gained on principal adds $1,239/yr, while 5% annual appreciation builds toward $53,046 over five years. Five-year ROI reaches 105.06% and total cumulative return in cash sums $66,868. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,265/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
7,230 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50265, West Des Moines, IA area.
| 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 |
Residential
15,049
Single Family
11,438
Multi-Family
3,611
Businesses
1,103
Date | Event | Price |
|---|---|---|
| 2025-10-10 | Sold | $192,000 |
| 2025-08-27 | Pending sale | $194,000 |
| 2025-08-19 | Listed for sale | $194,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $2236.00 | 5.27% | $141,100 | N/A |
| 2023-10-19 | $2124.00 | 1.24% | $141,100 | 28.27% |
| 2022-10-19 | $2098.00 | 6.07% | $110,000 | N/A |
Listed by: Murphy Boley • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #724567
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.
