








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 $1,292/mo, and a $925/mo payment. Purchase price stands at $189,000, and rental yield measures 8.2% with $1,292/mo rent. Return on cash invested shows 14.16% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 74.94% and total cumulative return in cash records $46,954. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,292/mo property income covering a $925/mo payment rather than investor’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
$365 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 |
|---|---|---|
| 2025-09-02 | Listed for sale | $189,000 |
| 2021-08-24 | Sold | $148,000 |
| 2021-06-01 | Pending sale | $148,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Lori Adrianse • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #725377
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.