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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 450 SW 7th St #208, Des Moines, IA, 50309 listed at $370,000 pairs $2,401/mo rent with a $1,811/mo payment. Total monthly income runs $2,401/mo. Return on cash invested measures 15.9% in year one, and rental yield registers 7.79% at a $370,000 basis. Equity gained on principal adds $2,388/yr, and annual property appreciation at 5% supports $102,224 by year five. Five-year ROI tracks 83.16% and total cumulative return in cash totals $102,005. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,401/mo property income relative to a $1,811/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2019
1,176 sqft lot
$N/A/sqft
$408 monthly HOA
Date | Event | Price |
|---|---|---|
| 2024-11-15 | Listed for sale | $370,000 |
| 2021-08-06 | Sold | $295,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $70.00 | -74.64% | $336,300 | 11.39% |
| 2022-01-27 | $276.00 | -4.83% | $301,900 | N/A |
| 2021-01-27 | $290.00 | 12.40% | $301,900 | 1297.69% |
Listed by: Cy Phillips • Space Simply
Mls Name: DMMLS
Mls Provider:
Mls ID: #707968
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