








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 512 11th St, West Des Moines, IA, 50265 offers a 10.71% rental yield on a $237,500 purchase with $2,120/mo rent. Total monthly income registers $2,120/mo, and a $1,162/mo payment leaves $578/mo available for distribution. Annual cash flow reaches $6,936/yr on $78,731 to close, and return on cash invested stands at 28.72% in year one. Equity gained on principal adds $1,533/yr while 5% annual appreciation supports $65,617 over five years. Portfolio math shows five-year ROI at 150.46% and total cumulative return in cash at $118,461. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,120/mo property income against a $1,162/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
7,623 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-08-20 | Listed for sale | $237,500 |
| 2025-07-21 | Listing removed | $237,500 |
| 2025-07-10 | Listed for sale | $237,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-25 | $3470.00 | 10.09% | $218,900 | N/A |
| 2023-08-25 | $3152.00 | 1.29% | $218,900 | 27.19% |
| 2022-08-25 | $3112.00 | 5.21% | $172,100 | N/A |



Listed by: Shannon Coryell • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #724685
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.