








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $1,664/mo, and a $1,052/mo payment. Purchase price stands at $215,000, and rental yield measures 9.29% with $1,664/mo rent. Return on cash invested shows 19.5% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 102.84% and total cumulative return in cash records $73,297. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,664/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Condo
Built in 1995
3,223 sqft lot
$N/A/sqft
$292 monthly 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 |
|---|---|---|
| 2024-10-18 | Listed for sale | $215,000 |
| 2022-01-05 | Sold | $200,000 |
| 2021-12-15 | Pending sale | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $3186.00 | 6.98% | $204,400 | 23.88% |
| 2022-11-20 | $2978.00 | -0.53% | $165,000 | N/A |
| 2021-11-20 | $2994.00 | 1.63% | $165,000 | 4.50% |



Listed by: Barb McMurry • Iowa Realty Indianola
Mls Name: DMMLS
Mls Provider:
Mls ID: #706134
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.