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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 6208 Welker Ave, Des Moines, IA, 50312 listed at $217,900 pairs $1,800/mo rent with a $1,067/mo payment to leave $384/mo cash flow. Total monthly income runs $1,800/mo, and annual cash flow reaches $4,612/yr on $72,234 cash to close. Return on cash invested measures 26.29% in year one, and rental yield registers 9.91% at a $217,900 basis. Equity gained on principal adds $1,406/yr, and annual property appreciation at 5% supports $60,202 by year five. Five-year ROI tracks 137.54% and total cumulative return in cash totals $99,348. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,800/mo property income relative to a $1,067/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
6,621 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50312, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,317 (100%) |
| Owner Occupied HU | 4,524 (54.4%) |
| Renter Occupied HU | 3,187 (38.3%) |
| Vacant Housing Units | 606 ( 7.3%) |
| Median Home Value | $380,171 |
| Average Home Value | $451,211 |
Residential
7,800
Single Family
4,803
Multi-Family
2,997
Businesses
458
Date | Event | Price |
|---|---|---|
| 2025-01-27 | Listed for sale | $217,900 |
| 2025-01-17 | Listing removed | $217,900 |
| 2025-01-09 | Pending sale | $217,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $2978.00 | 0.74% | $146,000 | 15.51% |
| 2022-01-27 | $2956.00 | 1.58% | $126,400 | N/A |
| 2021-01-27 | $2910.00 | -3.71% | $126,400 | 8.40% |
Listed by: Renee Dunkel • Century 21 Signature
Mls Name: DMMLS
Mls Provider:
Mls ID: #709777
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.
