








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 $1,168/mo, and a $1,150/mo payment. Purchase price stands at $235,000, and rental yield measures 5.96% with $1,168/mo rent. Return on cash invested shows 9.64% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 49.93% and total cumulative return in cash records $38,896. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,168/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Condo
Built in 1992
2,221 sqft lot
$N/A/sqft
$290 monthly HOA
Neighborhood data shown for ZIP Code: 50265, West Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,157 (100%) |
| Owner Occupied HU | 9,392 (62.0%) |
| Renter Occupied HU | 4,929 (32.5%) |
| Vacant Housing Units | 836 ( 5.5%) |
| Median Home Value | $310,899 |
| Average Home Value | $379,482 |
Residential
15,049
Single Family
11,438
Multi-Family
3,611
Businesses
1,103
Date | Event | Price |
|---|---|---|
| 2025-03-25 | Listed for sale | $235,000 |
| 2013-08-06 | Sold | $138,000 |
| 2013-05-30 | Price change | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-29 | $3798.00 | 1.17% | $240,500 | 22.27% |
| 2022-03-29 | $3754.00 | 6.71% | $196,700 | N/A |
| 2021-03-29 | $3518.00 | 1.56% | $196,700 | 12.14% |



Listed by: Theresa Grandquist • LPT Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #714135
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.