








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 3420 SW 12th Pl, Des Moines, IA, 50315 generates $1,680/mo in rent and, after a $1,076/mo payment, leaves $251/mo in cash flow. Total monthly income is $1,680/mo, and annual cash flow is $3,013/yr on $72,897 invested. Return on cash invested sits at 24.04% in year one, and rental yield is 9.17% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 125.49% and total cumulative return in cash sums $91,480. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,680/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
6,838 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-03-02 | Listed for sale | $219,900 |
| 2025-02-24 | Pending sale | $219,900 |
| 2025-02-19 | Price change | $219,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-04 | $3356.00 | 0.78% | $173,300 | 14.54% |
| 2022-03-04 | $3330.00 | 6.94% | $151,300 | N/A |
| 2021-03-04 | $3114.00 | -3.59% | $151,300 | 13.42% |



Listed by: Tiffany Renaud • Spire Real Estate
Mls Name: DMMLS
Mls Provider:
Mls ID: #710626
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.