








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 $1,919/mo, and a $1,549/mo payment. Purchase price stands at $316,500, and rental yield measures 7.28% with $1,919/mo rent. Return on cash invested shows 15.38% in year one, and 5% annual appreciation builds toward $87,443 over five years. Five-year ROI reaches 80.02% and total cumulative return in cash records $83,960. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,919/mo property income covering a $1,549/mo payment rather than investor’s personal income.
Condo
Built in 1998
3,589 sqft lot
$N/A/sqft
$260 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 |
|---|---|---|
| 2024-08-30 | Price change | $316,500 |
| 2024-08-05 | Price change | $325,900 |
| 2024-06-15 | Price change | $329,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $3892.00 | 1.25% | $265,000 | 23.95% |
| 2022-10-15 | $3844.00 | 4.51% | $213,800 | N/A |
| 2021-10-15 | $3678.00 | 1.66% | $213,800 | 9.47% |



Listed by: Michael Ernst • Fathom Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #700367
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.