








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 3611 Pershing Ln, Waukee, IA, 50263 earns $472/mo cash flow from $2,225/mo rent with a $1,321/mo payment. Total monthly income totals $2,225/mo, and annual cash flow totals $5,664/yr on $89,502 capital. ROI tracks 26.24% on current figures, and rental yield reads 9.89% at a $269,990 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,593 over five years. Five-year ROI reaches 137.22% and total cumulative return in cash sums $122,818. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,225/mo property income instead of your personal income.
Condo
Built in 2025
1,742 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
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 ID: #723374