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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 3320 61st St, Des Moines, IA, 50322 uses $82,842 cash to close to unlock $5,438/yr annual cash flow and $453/mo monthly cash flow. Total monthly income runs $2,076/mo, and a $1,223/mo payment keeps the spread at $453/mo. Purchase price stands at $249,900, and rental yield measures 9.97% with $2,076/mo rent. Return on cash invested shows 26.47% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 138.5% and total cumulative return in cash records $114,734. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,076/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1936
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50322, Urbandale, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,132 (100%) |
| Owner Occupied HU | 9,754 (69.0%) |
| Renter Occupied HU | 3,744 (26.5%) |
| Vacant Housing Units | 634 ( 4.5%) |
| Median Home Value | $284,903 |
| Average Home Value | $302,461 |
Residential
13,630
Single Family
10,811
Multi-Family
2,819
Businesses
1,407
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Suzana Dobrosavljevic • RE/MAX Concepts
Mls Name: DMMLS
Mls ID: #722695
