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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 5535 Glen Oaks Point, West Des Moines, IA, 50266 offers a 4.33% rental yield on a $998,000 purchase with $3,601/mo rent. 76% in year one. Equity gained on principal adds $6,440/yr while 5% annual appreciation supports $275,729 over five years. Portfolio math shows five-year ROI at 38.69% and total cumulative return in cash at $127,020. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,601/mo property income against a $4,885/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.34 Acres lot
$N/A/sqft
$486 monthly 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 |
|---|---|---|
| 2025-10-09 | Pending sale | $998,000 |
| 2025-08-26 | Listed for sale | $998,000 |
| 2011-05-05 | Sold | $685,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $13208.00 | 3.45% | $850,800 | N/A |
| 2023-10-24 | $12768.00 | 1.20% | $850,800 | 26.97% |
| 2022-10-24 | $12616.00 | -4.25% | $670,100 | N/A |
Listed by: SCOTT STEELMAN • Iowa Realty Mills Crossing
Mls Name: DMMLS
Mls Provider:
Mls ID: #724906
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.
