








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 Waukee at 3606 Jasmine Ln, Waukee, IA, 50263 at $268,990 posts ROI 28.71% with $654/mo cash flow from $2,596/mo rent. Total monthly income equals $2,596/mo, and annual cash flow records $7,843/yr on $89,170 to close. Return on cash invested measures 28.71% and rental yield reads 11.58% at the current $268,990. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,317 by year five. Five-year ROI prints 151.38% and total cumulative return in cash totals $134,984.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,596/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2024
2,178 sqft lot
$N/A/sqft
$195 monthly HOA
Neighborhood data shown for ZIP Code: 50263, Waukee, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,203 (100%) |
| Owner Occupied HU | 8,835 (62.2%) |
| Renter Occupied HU | 3,821 (26.9%) |
| Vacant Housing Units | 1,547 (10.9%) |
| Median Home Value | $376,616 |
| Average Home Value | $419,225 |
Residential
13,089
Single Family
11,519
Multi-Family
1,570
Businesses
611
Date | Event | Price |
|---|---|---|
| 2024-11-19 | Price change | $268,990 |
| 2024-11-06 | Price change | $269,990 |
| 2024-10-05 | Price change | $271,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Pat Fox • DRH Realty of Iowa, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #693928
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.