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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% |
Investment property for sale in Des Moines at 4323 Grand Ave APT 321, Des Moines, IA, 50312 uses $56,322 cash to close to unlock $54/yr annual cash flow and $5/mo monthly cash flow. Total monthly income runs $1,501/mo, and a $832/mo payment keeps the spread at $5/mo. Purchase price stands at $169,900, and rental yield measures 10.6% with $1,501/mo rent. Return on cash invested shows 20.01% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 106.83% and total cumulative return in cash records $60,170. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,501/mo property income covering a $832/mo payment rather than investor’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
$385 monthly HOA
Neighborhood data shown for ZIP Code: 50312, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,317 (100%) |
| Owner Occupied HU | 4,524 (54.4%) |
| Renter Occupied HU | 3,187 (38.3%) |
| Vacant Housing Units | 606 ( 7.3%) |
| Median Home Value | $380,171 |
| Average Home Value | $451,211 |
Residential
7,800
Single Family
4,803
Multi-Family
2,997
Businesses
458
Date | Event | Price |
|---|---|---|
| 2025-04-23 | Listed for sale | $169,900 |
| 2025-04-13 | Pending sale | $169,900 |
| 2025-04-10 | Listed for sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-27 | $2674.00 | -7.02% | $135,900 | N/A |
| 2023-04-27 | $2876.00 | 12.17% | $135,900 | 11.39% |
| 2022-04-27 | $2564.00 | 1.58% | $122,000 | N/A |
Listed by: Al Tramontina • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #715330
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.
