








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 509 56th St, Des Moines, IA, 50312 earns from $1,800/mo rent with a $2,080/mo payment. Total monthly income totals $1,800/mo. ROI tracks 11.73% on current figures, and rental yield reads 5.08% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 59.39% and total cumulative return in cash sums $83,669. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,800/mo property income instead of your personal income.
Single Family
Built in 1910
9,539 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50312, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,317 (100%) |
| Owner Occupied HU | 4,524 (54.4%) |
| Renter Occupied HU | 3,187 (38.3%) |
| Vacant Housing Units | 606 ( 7.3%) |
| Median Home Value | $380,171 |
| Average Home Value | $451,211 |
Residential
7,800
Single Family
4,803
Multi-Family
2,997
Businesses
458
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Listed for sale | $425,000 |
| 2022-06-24 | Sold | $355,000 |
| 2022-05-29 | Pending sale | $365,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-19 | $5630.00 | 3.04% | $330,200 | 21.94% |
| 2022-03-19 | $5464.00 | 3.96% | $270,800 | N/A |
| 2021-03-19 | $5256.00 | -3.77% | $270,800 | 17.28% |



Listed by: Tiffany Ehler • Boutique Real Estate
Mls Name: DMMLS
Mls Provider:
Mls ID: #713404
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.