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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 5124 Welker Ave, Des Moines, IA, 50312 uses $139,230 cash to close to unlock $7,696/yr annual cash flow and $641/mo monthly cash flow. Total monthly income runs $3,600/mo, and a $2,056/mo payment keeps the spread at $641/mo. Purchase price stands at $420,000, and rental yield measures 10.29% with $3,600/mo rent. Return on cash invested shows 25.44% in year one, and 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 133.61% and total cumulative return in cash records $186,031. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,600/mo property income covering a $2,056/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.87 Acres 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 |
|---|---|---|
| 2025-01-22 | Price change | $420,000 |
| 2024-12-16 | Price change | $428,000 |
| 2024-12-09 | Price change | $440,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $9150.00 | 0.79% | $450,200 | 13.37% |
| 2022-01-27 | $9078.00 | -2.70% | $397,100 | N/A |
| 2021-01-27 | $9330.00 | -3.70% | $397,100 | 3.82% |
Listed by: Matt Young • Agency Iowa
Mls Name: DMMLS
Mls Provider:
Mls ID: #707952
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.
