








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 3401 SE 3rd St, Des Moines, IA, 50315 listed at $189,900 pairs $1,680/mo rent with a $929/mo payment to leave $443/mo cash flow. Total monthly income runs $1,680/mo, and annual cash flow reaches $5,313/yr on $62,952 cash to close. Return on cash invested measures 28.35% in year one, and rental yield registers 10.62% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 148.56% and total cumulative return in cash totals $93,521. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,680/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
7,797 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-04-01 | Listed for sale | $189,900 |
| 2015-05-29 | Sold | $95,000 |
| 2015-04-08 | Listed for sale | $92,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-02 | $2940.00 | 0.82% | $159,500 | 19.39% |
| 2022-04-02 | $2916.00 | 5.19% | $133,600 | N/A |
| 2021-04-02 | $2772.00 | -3.55% | $133,600 | 11.61% |



Listed by: Dora Bethards • Platinum Realty LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #714550
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