








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 Des Moines at 400 Walnut St SUITE 305, Des Moines, IA, 50309 listed at $220,000 pairs $1,904/mo rent with a $1,077/mo payment. Total monthly income runs $1,904/mo. Return on cash invested measures 17.69% in year one, and rental yield registers 10.39% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 95.05% and total cumulative return in cash totals $69,323. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,904/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1930
N/A lot
$N/A/sqft
$495 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-01-23 | Listed for sale | $220,000 |
| 2021-05-26 | Sold | $170,000 |
| 2021-05-07 | Pending sale | $180,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $4720.00 | 0.77% | $200,300 | N/A |
| 2022-01-27 | $4684.00 | -10.98% | $200,300 | N/A |
| 2021-01-27 | $5262.00 | -3.77% | $200,300 | -5.03% |



Listed by: Trisha Eslick Davis • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #710615
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.