








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 West Des Moines at 4849 Woodland Ave UNIT 1, West Des Moines, IA, 50266 offers a 10.39% rental yield on a $159,900 purchase with $1,385/mo rent. Total monthly income registers $1,385/mo, and a $783/mo payment leaves $116/mo available for distribution. Annual cash flow reaches $1,394/yr on $53,007 to close, and return on cash invested stands at 22.54% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 119.32% and total cumulative return in cash at $63,246. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,385/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
N/A lot
$N/A/sqft
$230 monthly HOA
Neighborhood data shown for ZIP Code: 50266, West Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,158 (100%) |
| Owner Occupied HU | 9,448 (46.9%) |
| Renter Occupied HU | 8,717 (43.2%) |
| Vacant Housing Units | 1,993 ( 9.9%) |
| Median Home Value | $398,812 |
| Average Home Value | $442,652 |
Residential
19,201
Single Family
11,911
Multi-Family
7,290
Businesses
1,810
Date | Event | Price |
|---|---|---|
| 2025-01-24 | Price change | $159,900 |
| 2025-01-16 | Price change | $164,900 |
| 2025-01-07 | Listed for sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $1884.00 | 11.35% | $126,900 | 30.02% |
| 2022-01-27 | $1692.00 | 6.42% | $97,600 | N/A |
| 2021-01-27 | $1590.00 | 1.79% | $97,600 | 11.04% |



Listed by: Steve Wiederin • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #709773
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.