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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 5221 Village Run Ave UNIT 402, Des Moines, IA, 50317 offers a 9.17% rental yield on a $189,900 purchase with $1,451/mo rent. Total monthly income registers $1,451/mo, and a $929/mo payment leaves $41/mo available for distribution. Annual cash flow reaches $491/yr on $62,952 to close, and return on cash invested stands at 20.69% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 108.64% and total cumulative return in cash at $68,393. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,451/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2001
N/A lot
$N/A/sqft
$175 monthly 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 |
|---|---|---|
| 2025-05-30 | Listed for sale | $189,900 |
| 2023-12-07 | Sold | $178,000 |
| 2023-11-06 | Pending sale | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-03 | $2914.00 | -3.32% | $156,000 | N/A |
| 2023-06-03 | $3014.00 | 1.28% | $156,000 | 14.79% |
| 2022-06-03 | $2976.00 | 6.82% | $135,900 | N/A |
Listed by: Michelle Hanson • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #719218
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.
