Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 513 E 24th St, Des Moines, IA, 50317 earns $469/mo cash flow from $1,436/mo rent with a $729/mo payment. Total monthly income totals $1,436/mo, and annual cash flow totals $5,623/yr on $49,394 capital. ROI tracks 31.29% on current figures, and rental yield reads 11.57% at a $149,000 purchase. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 over five years. Five-year ROI reaches 164.31% and total cumulative return in cash sums $81,160. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,436/mo property income instead of your personal income.
Single Family
Built in 1917
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50317, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,159 (100%) |
| Owner Occupied HU | 10,616 (65.7%) |
| Renter Occupied HU | 4,615 (28.6%) |
| Vacant Housing Units | 928 ( 5.7%) |
| Median Home Value | $194,343 |
| Average Home Value | $254,761 |
Residential
15,138
Single Family
14,021
Multi-Family
1,117
Businesses
755
Date | Event | Price |
|---|---|---|
| 2024-05-30 | Price change | $149,000 |
| 2024-04-25 | Listed for sale | $155,000 |
| 2022-04-30 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1760.00 | 0.69% | $95,800 | 28.25% |
| 2022-10-15 | $1748.00 | 7.64% | $74,700 | N/A |
| 2021-10-15 | $1624.00 | -3.79% | $74,700 | 14.75% |
Listed by: Ben Nerem • Nerem & Associates
Mls Name: CIBR
Mls Provider:
Mls ID: #64562
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.
