605 S Tiburon CvWest Des MoinesIA50266
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in West Des Moines at 605 S Tiburon Cv, West Des Moines, IA, 50266 priced at $1,168,000 converts $3,781/mo rent into after a $5,717/mo obligation. Total monthly income equals $3,781/mo. Return on cash invested prints 8.3% in year one, and rental yield reads 3.88% against a $1,168,000 entry. Equity gained on principal adds $7,537/yr, while 5% annual appreciation compiles into $322,697 by year five. Five-year ROI reaches 40.93% and total cumulative return in cash sums $154,905. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,781/mo property income covering a $5,717/mo payment, not borrower’s personal income.
Single Family
Built in 2016
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50266, West Des Moines, IA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
19,201
Single Family
11,911
Multi-Family
7,290
Businesses
1,810
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jena Moeckl • Moeckl Realty LLC
Mls Name: DMMLS
Mls ID: #722234