6200 Ep True Pkwy APT 602West Des MoinesIA50266
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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
Investment property for sale in West Des Moines at 6200 Ep True Pkwy APT 602, West Des Moines, IA, 50266 offers a 9.85% rental yield on a $209,900 purchase with $1,723/mo rent. Total monthly income registers $1,723/mo, and a $1,027/mo payment leaves $360/mo available for distribution. Annual cash flow reaches $4,322/yr on $69,582 to close, and return on cash invested stands at 26.12% in year one. Equity gained on principal adds $1,354/yr while 5% annual appreciation supports $57,992 over five years. Portfolio math shows five-year ROI at 136.6% and total cumulative return in cash at $95,048. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,723/mo property income against a $1,027/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1996
1,306 sqft 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
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Listed by: Mike Jenkins • Weichert, Realtors-Miller & Clark Agency
Mls Name: CIBR
Mls ID: #69070