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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% |
Rental property for sale in Des Moines at 4331 Grover Woods Ln, Des Moines, IA, 50317 priced at $324,900 pairs $2,562/mo rent with $438/mo cash flow after a $1,590/mo payment. Total monthly income equals $2,562/mo, and annual cash flow comes to $5,251/yr on $107,704 invested. Return on cash invested is 24.78% in year one, and rental yield stands at 9.46% on a $324,900 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,764 by year five. Five-year ROI measures 129.46% and total cumulative return in cash reaches $139,433. For financing, Ziffy Mortgage’s DSCR program evaluates $2,562/mo property income against a $1,590/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
6,098 sqft lot
$N/A/sqft
$175 annually HOA
Neighborhood data shown for ZIP Code: 50317, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,159 (100%) |
| Owner Occupied HU | 10,616 (65.7%) |
| Renter Occupied HU | 4,615 (28.6%) |
| Vacant Housing Units | 928 ( 5.7%) |
| Median Home Value | $194,343 |
| Average Home Value | $254,761 |
Residential
15,138
Single Family
14,021
Multi-Family
1,117
Businesses
755
Date | Event | Price |
|---|---|---|
| 2025-01-10 | Listed for sale | $324,900 |
| 2024-04-15 | Sold | $307,900 |
| 2024-04-05 | Pending sale | $307,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ivan Lopez Ventura • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #710048
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.
