








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 Des Moines at 3324 Rollins Ave, Des Moines, IA, 50312 offers $1,696/mo rent that, after a $1,072/mo payment, leaves $274/mo cash flow. Total monthly income is $1,696/mo, and annual cash flow is $3,283/yr on $72,599 cash. Return on cash invested measures 24.43% in year one, and rental yield stands at 9.29% at a $219,000 entry. Equity gained on principal adds $1,413/yr while 5% annual appreciation compounds into $60,506 by year five. Five-year ROI records 127.5% and total cumulative return in cash reaches $92,565. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,696/mo property income versus a $1,072/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1917
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50312, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,317 (100%) |
| Owner Occupied HU | 4,524 (54.4%) |
| Renter Occupied HU | 3,187 (38.3%) |
| Vacant Housing Units | 606 ( 7.3%) |
| Median Home Value | $380,171 |
| Average Home Value | $451,211 |
Residential
7,800
Single Family
4,803
Multi-Family
2,997
Businesses
458
Date | Event | Price |
|---|---|---|
| 2025-06-16 | Price change | $219,000 |
| 2025-04-30 | Listed for sale | $199,000 |
| 2024-08-12 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-19 | $3212.00 | 6.43% | $171,800 | N/A |
| 2023-06-19 | $3018.00 | 0.73% | $171,800 | 25.77% |
| 2022-06-19 | $2996.00 | 5.49% | $136,600 | N/A |



Listed by: Jarod Snover • Iowa Realty Mills Crossing
Mls Name: DMMLS
Mls Provider:
Mls ID: #720333
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.