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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 3424 47th St, Des Moines, IA, 50310 uses $77,074 cash to close to unlock $3,768/yr annual cash flow and $314/mo monthly cash flow. Total monthly income runs $1,824/mo, and a $1,138/mo payment keeps the spread at $314/mo. Purchase price stands at $232,500, and rental yield measures 9.41% with $1,824/mo rent. Return on cash invested shows 24.8% in year one, and 5% annual appreciation builds toward $64,235 over five years. Five-year ROI reaches 129.44% and total cumulative return in cash records $99,768. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,824/mo property income covering a $1,138/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50310, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,226 (100%) |
| Owner Occupied HU | 9,081 (63.8%) |
| Renter Occupied HU | 4,361 (30.7%) |
| Vacant Housing Units | 784 ( 5.5%) |
| Median Home Value | $237,952 |
| Average Home Value | $269,365 |
Residential
13,690
Single Family
11,750
Multi-Family
1,940
Businesses
755
Date | Event | Price |
|---|---|---|
| 2025-07-01 | Sold | $232,500 |
| 2025-05-07 | Pending sale | $227,000 |
| 2025-05-06 | Listed for sale | $227,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | $3502.00 | 0.46% | $188,500 | N/A |
| 2023-10-15 | $3486.00 | 0.81% | $188,500 | 20.22% |
| 2022-10-15 | $3458.00 | 2.49% | $156,800 | N/A |
Listed by: Anthony Lyne • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #717429
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.
