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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 West Des Moines at 6440 Ep True Pkwy UNIT 2307, West Des Moines, IA, 50266 generates $948/mo in rent, after a $563/mo payment. Total monthly income is $948/mo. Return on cash invested sits at 9.62% in year one, and rental yield is 9.89% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 54.07% and total cumulative return in cash sums $20,613. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $948/mo property income rather than buyer’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
$528 monthly HOA
Neighborhood data shown for ZIP Code: 50266, West Des Moines, IA area.
| 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 |
Residential
19,201
Single Family
11,911
Multi-Family
7,290
Businesses
1,810
Date | Event | Price |
|---|---|---|
| 2025-06-14 | Price change | $115,000 |
| 2025-05-29 | Price change | $117,500 |
| 2025-04-16 | Listed for sale | $120,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-18 | $1622.00 | -7.31% | $106,810 | 11.83% |
| 2022-06-18 | $1750.00 | -9.33% | $95,510 | 0.97% |
| 2021-06-18 | $1930.00 | 6.39% | $94,590 | -0.39% |
Listed by: Ben Bjorholm • 1 Percent Lists Evolution
Mls Name: DMMLS
Mls Provider:
Mls ID: #715829
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.
