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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 6408 SW 16th St, Des Moines, IA, 50315 generates $1,577/mo in rent and, after a $759/mo payment, leaves $562/mo in cash flow. Total monthly income is $1,577/mo, and annual cash flow is $6,749/yr on $51,383 invested. Return on cash invested sits at 33.04% in year one, and rental yield is 12.21% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 173.79% and total cumulative return in cash sums $89,296. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,577/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
N/A lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-08-22 | Sold | $155,000 |
| 2025-07-25 | Pending sale | $170,000 |
| 2025-07-10 | Listed for sale | $170,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | $2448.00 | 5.34% | $124,400 | N/A |
| 2023-10-15 | $2324.00 | 10.88% | $124,400 | 26.17% |
| 2022-10-15 | $2096.00 | 9.39% | $98,600 | N/A |
Listed by: Gamboa, Adamarys • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #722010
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.
