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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% |
Total monthly income runs $1,576/mo, and a $1,138/mo payment. Purchase price stands at $232,500, and rental yield measures 8.13% with $1,576/mo rent. Return on cash invested shows -47.72% in year one, and 5% annual appreciation builds toward $64,235 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,576/mo property income covering a $1,138/mo payment rather than investor’s personal income.
Single Family
Built in 1959
9,757 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50313, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,209 (100%) |
| Owner Occupied HU | 5,002 (69.4%) |
| Renter Occupied HU | 1,759 (24.4%) |
| Vacant Housing Units | 448 ( 6.2%) |
| Median Home Value | $198,048 |
| Average Home Value | $285,555 |
Residential
6,888
Single Family
6,411
Multi-Family
477
Businesses
945
Date | Event | Price |
|---|---|---|
| 2024-08-28 | Price change | $232,500 |
| 2024-08-05 | Listed for sale | $238,500 |
| 2024-03-08 | Sold | $140,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $56448.76 | 6.16% | $175,900 | 19.01% |
| 2022-10-15 | $53174.76 | 6.51% | $147,800 | N/A |
| 2021-10-15 | $49926.76 | 1479.96% | $147,800 | 13.08% |
Listed by: Beatris Mayorga • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #700435
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.
