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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 5801 SE 24th St UNIT 65, Des Moines, IA, 50320 listed at $135,000 pairs $929/mo rent with a $661/mo payment. Total monthly income runs $929/mo. Return on cash invested measures 15.27% in year one, and rental yield registers 8.26% at a $135,000 basis. Equity gained on principal adds $871/yr, and annual property appreciation at 5% supports $37,298 by year five. Five-year ROI tracks 80.55% and total cumulative return in cash totals $36,049. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $929/mo property income relative to a $661/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
N/A lot
$N/A/sqft
$225 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-05-29 | Listed for sale | $135,000 |
| 2012-12-14 | Sold | $67,500 |
| 2012-07-22 | Listing removed | $69,888 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-02 | $1646.00 | -7.63% | $94,100 | N/A |
| 2023-06-02 | $1782.00 | 0.91% | $94,100 | 11.36% |
| 2022-06-02 | $1766.00 | -2.54% | $84,500 | N/A |
Listed by: Carter, Mason • Keller Williams Legacy Group
Mls Name: DMMLS
Mls Provider:
Mls ID: #718383
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