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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% |
Rental property for sale in Des Moines at 6217 Welker Ave, Des Moines, IA, 50312 generates $1,909/mo in rent and, after a $1,346/mo payment, leaves $123/mo in cash flow. Total monthly income is $1,909/mo, and annual cash flow is $1,476/yr on $91,163 invested. Return on cash invested sits at 21.53% in year one, and rental yield is 8.33% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 111.93% and total cumulative return in cash sums $102,035. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,909/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
7,884 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Katie Bloom • LPT Realty, LLC
Mls Name: DMMLS
Mls ID: #722070
