640 4th St, West Des Moines, IA, 50265 | $262/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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640 4th St, West Des Moines, IA, 50265 | $262/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in West Des Moines at 640 4th St, West Des Moines, IA, 50265 uses $82,776 cash to close to unlock $3,150/yr annual cash flow and $262/mo monthly cash flow. Total monthly income runs $1,884/mo, and a $1,222/mo payment keeps the spread at $262/mo. Purchase price stands at $249,700, and rental yield measures 9.05% with $1,884/mo rent. Return on cash invested shows 23.71% in year one, and 5% annual appreciation builds toward $68,988 over five years. Five-year ROI reaches 123.67% and total cumulative return in cash records $102,372. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,884/mo property income covering a $1,222/mo payment rather than investor’s personal income.

Single Family

Built in 1915

8,015 sqft lot

$N/A/sqft

No HOA

More details about the property

This 3-bedroom, 1.5-bath charmer has been well maintained and is ready for its next owners! Step inside to a bright welcoming space. The kitchen offers great storage and counter space, and drop zone off the kitchen for all your shoes, coats and on the go stuff! The bedrooms are cozy and comfortable with large closets, and the oversized 1-car garage gives you extra space for tools, bikes, or hobbies. The front porch is perfect for relaxing in the shade or out of the rain. The backyard is perfect for summer BBQs, gardening, or just unwinding at the end of the day. Youll love the location tucked in a quiet neighborhood but close to everything! Walking/Biking distance from grocery store and restaurant's on Grand Ave and just minutes from Historic Valley Junction, plus easy access to local restaurants, shopping, parks, and trails.

Neighborhood Data

Neighborhood data shown for ZIP Code: 50265, West Des Moines, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,157 (100%)
Owner Occupied HU	9,392 (62.0%)
Renter Occupied HU	4,929 (32.5%)
Vacant Housing Units	836 ( 5.5%)
Median Home Value	$310,899
Average Home Value	$379,482