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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 West Des Moines at 5408 Aspen Dr, West Des Moines, IA, 50266 offers a 8.9% rental yield on a $360,000 purchase with $2,671/mo rent. Total monthly income registers $2,671/mo, and a $1,762/mo payment leaves $333/mo available for distribution. Annual cash flow reaches $3,996/yr on $119,340 to close, and return on cash invested stands at 23.26% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,461 over five years. Portfolio math shows five-year ROI at 121.17% and total cumulative return in cash at $144,609. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,671/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50266, West Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,158 (100%) |
| Owner Occupied HU | 9,448 (46.9%) |
| Renter Occupied HU | 8,717 (43.2%) |
| Vacant Housing Units | 1,993 ( 9.9%) |
| Median Home Value | $398,812 |
| Average Home Value | $442,652 |
Residential
19,201
Single Family
11,911
Multi-Family
7,290
Businesses
1,810
Date | Event | Price |
|---|---|---|
| 2025-10-15 | Sold | $360,000 |
| 2025-09-18 | Pending sale | $369,900 |
| 2025-09-09 | Price change | $369,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $5278.00 | -3.93% | $350,500 | N/A |
| 2023-10-24 | $5494.00 | 1.22% | $350,500 | 18.09% |
| 2022-10-24 | $5428.00 | 4.06% | $296,800 | N/A |
Listed by: Jason Rude • RE/MAX Precision Corp.
Mls Name: CIBR
Mls Provider:
Mls ID: #68065
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.
