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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% |
Rental property for sale in Des Moines at 3606 53rd St, Des Moines, IA, 50310 generates $1,691/mo in rent and, after a $1,052/mo payment, leaves $295/mo in cash flow. Total monthly income is $1,691/mo, and annual cash flow is $3,540/yr on $71,273 invested. Return on cash invested sits at 24.88% in year one, and rental yield is 9.44% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 129.85% and total cumulative return in cash sums $92,545. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,691/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
7,000 sqft 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 |
|---|---|---|
| 2024-09-23 | Listed for sale | $215,000 |
| 2024-01-22 | Sold | $204,000 |
| 2023-12-30 | Pending sale | $200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2536.00 | 0.79% | $136,200 | 16.91% |
| 2022-10-15 | $2516.00 | 1.86% | $116,500 | N/A |
| 2021-10-15 | $2470.00 | -3.59% | $116,500 | 8.27% |
Listed by: Michael Guerrero Aguayo • EXP Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #704444
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.
