4900 Pleasant St UNIT 14, West Des Moines, IA, 50266 | $201/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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4900 Pleasant St UNIT 14, West Des Moines, IA, 50266 | $201/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in West Des Moines at 4900 Pleasant St UNIT 14, West Des Moines, IA, 50266 earns $201/mo cash flow from $1,195/mo rent with a $749/mo payment. Total monthly income totals $1,195/mo, and annual cash flow totals $2,414/yr on $50,720 capital. ROI tracks 24.67% on current figures, and rental yield reads 9.37% at a $153,000 purchase. Equity gained on principal adds $987/yr, and 5% annual appreciation supports $42,271 over five years. Five-year ROI reaches 128.85% and total cumulative return in cash sums $65,352. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,195/mo property income instead of your personal income.

Condo

Built in 1986

2,744 sqft lot

$N/A/sqft

No HOA

More details about the property

Second floor unit #14 with quick possession available! This home features newer LVP flooring, a two-bedroom split floor plan, and a spacious primary suite with large walk-in closet. The full-size LG stack washer and dryer are newer, and the kitchen and dining area offer plenty of room for everyday living. A wood-burning fireplace (currently with an electric insert) is surrounded by built-in shelving and could easily be converted to gas. French doors open to a balcony deck. The association offers an in-ground swimming pool, and the unit comes with a detached one-car garage (M door code provided to agent). Located within walking distance to Valley High School and Crossroads Park Elementary, near DART bus stops, interstate access, parks, trails, shopping, dining, medical care, and more. Cats allowed, but no dogs per association rules.

Neighborhood Data

Neighborhood data shown for ZIP Code: 50266, West Des Moines, IA area.

Housing Distribution

Housing Statistics

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