4710 Mills Civic Pkwy UNIT 302West Des MoinesIA50265
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in West Des Moines at 4710 Mills Civic Pkwy UNIT 302, West Des Moines, IA, 50265 earns from $2,326/mo rent with a $1,985/mo payment. Total monthly income totals $2,326/mo. ROI tracks 13.46% on current figures, and rental yield reads 6.88% at a $405,500 purchase. Equity gained on principal adds $2,617/yr, and 5% annual appreciation supports $112,032 over five years. Five-year ROI reaches 70.01% and total cumulative return in cash sums $94,107. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,326/mo property income instead of your personal income.
Condo
Built in 1999
3,963 sqft lot
$N/A/sqft
$415 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50265, West Des Moines, IA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,049
Single Family
11,438
Multi-Family
3,611
Businesses
1,103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gabby Fisher • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #722967
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.