








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 4212 SE 23rd St, Des Moines, IA, 50320 uses $91,163 cash to close to unlock $1,092/yr annual cash flow and $91/mo monthly cash flow. Total monthly income runs $1,877/mo, and a $1,346/mo payment keeps the spread at $91/mo. Purchase price stands at $275,000, and rental yield measures 8.19% with $1,877/mo rent. Return on cash invested shows 21.11% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 109.66% and total cumulative return in cash records $99,971. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,877/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1991
8,712 sqft lot
$N/A/sqft
No HOA
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: Heather Rawlins • Iowa Realty Colfax
Mls Name: DMMLS
Mls ID: #727572