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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 6005 Rutland Dr, Des Moines, IA, 50311 with 5% annual appreciation on a $199,000 basis while $1,920/mo rent supports operations. Total monthly income totals $1,920/mo and a $974/mo payment preserves $578/mo for cash returns. Annual cash flow comes to $6,934/yr on $65,969 deployed, and return on cash invested reaches 30.42% in year one. Equity gained on principal adds $1,284/yr, and five-year appreciation sums $54,980 alongside rental yield of 11.58%. Five-year ROI measures 159.94% and total cumulative return in cash totals $105,510.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,920/mo property income versus a $974/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
6,621 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50311, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,741 (100%) |
| Owner Occupied HU | 3,326 (49.3%) |
| Renter Occupied HU | 2,882 (42.8%) |
| Vacant Housing Units | 533 ( 7.9%) |
| Median Home Value | $257,277 |
| Average Home Value | $278,646 |
Residential
5,825
Single Family
4,742
Multi-Family
1,083
Businesses
274
Date | Event | Price |
|---|---|---|
| 2025-05-16 | Listed for sale | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-20 | $3622.00 | 0.39% | $184,100 | N/A |
| 2023-05-20 | $3608.00 | 0.78% | $184,100 | 20.25% |
| 2022-05-20 | $3580.00 | 0.79% | $153,100 | N/A |
Listed by: Amy Forte • LPT Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #718226
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.
