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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 400 SW 7th St #304, Des Moines, IA, 50309 generates $1,966/mo in rent and, after a $1,148/mo payment, leaves $157/mo in cash flow. Total monthly income is $1,966/mo, and annual cash flow is $1,882/yr on $77,737 invested. Return on cash invested sits at 22.33% in year one, and rental yield is 10.06% on a $234,500 entry. Equity gained on principal adds $1,513/yr, while 5% annual appreciation builds toward $64,788 over five years. Five-year ROI reaches 117.83% and total cumulative return in cash sums $91,600. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,966/mo property income rather than buyer’s personal income.
Condo
Built in 2019
827.64 sqft lot
$N/A/sqft
$286 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-06-06 | Price change | $234,500 |
| 2025-03-07 | Price change | $237,500 |
| 2025-01-08 | Price change | $244,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-09 | $652.00 | 229.29% | $238,450 | 0.19% |
| 2023-07-09 | $198.00 | 2.06% | $238,000 | 11.42% |
| 2022-07-09 | $194.00 | -4.90% | $213,600 | N/A |
Listed by: Patrick Elbert • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #687481
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.
