




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 3601 Kingman Blvd, Des Moines, IA, 50311 listed at $276,500 pairs $1,534/mo rent with a $1,353/mo payment. Total monthly income runs $1,534/mo. Return on cash invested measures 15.53% in year one, and rental yield registers 6.66% at a $276,500 basis. Equity gained on principal adds $1,784/yr, and annual property appreciation at 5% supports $76,392 by year five. Five-year ROI tracks 80.12% and total cumulative return in cash totals $73,442. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,534/mo property income relative to a $1,353/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1957
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50311, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,741 (100%) |
| Owner Occupied HU | 3,326 (49.3%) |
| Renter Occupied HU | 2,882 (42.8%) |
| Vacant Housing Units | 533 ( 7.9%) |
| Median Home Value | $257,277 |
| Average Home Value | $278,646 |
Residential
5,825
Single Family
4,742
Multi-Family
1,083
Businesses
274
Date | Event | Price |
|---|---|---|
| 2025-09-30 | Sold | $276,500 |
| 2025-08-04 | Price change | $310,000 |
| 2025-07-18 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $5079.00 | 3.06% | $248,700 | N/A |
| 2023-10-21 | $4928.00 | 0.78% | $248,700 | 18.94% |
| 2022-10-21 | $4890.00 | 3.34% | $209,100 | N/A |



Listed by: Betts Team • RE/MAX REAL ESTATE CENTER
Mls Name: CIBR
Mls Provider:
Mls ID: #68029
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.