








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 3607 Jasmine Ln, Waukee, IA, 50263 uses $91,159 cash to close to unlock $3,168/yr annual cash flow and $264/mo monthly cash flow. Total monthly income runs $2,225/mo, and a $1,346/mo payment keeps the spread at $264/mo. Purchase price stands at $274,990, and rental yield measures 9.71% with $2,225/mo rent. Return on cash invested shows 23.38% in year one, and 5% annual appreciation builds toward $75,975 over five years. Five-year ROI reaches 122.76% and total cumulative return in cash records $111,908. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,225/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Condo
Built in 2024
2,178 sqft lot
$N/A/sqft
$175 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 |
|---|---|---|
| 2024-09-04 | Listed for sale | $274,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Kathryn Greer • DRH Realty of Iowa, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #703182
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.