6440 Ep True Pkwy UNIT 3102West Des MoinesIA50266
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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
Investment Highlights
Investment property for sale in West Des Moines at 6440 Ep True Pkwy UNIT 3102, West Des Moines, IA, 50266 uses $38,951 cash to close to unlock $5,736/yr annual cash flow and $478/mo monthly cash flow. Total monthly income runs $1,769/mo, and a $575/mo payment keeps the spread at $478/mo. Purchase price stands at $117,500, and rental yield measures 18.07% with $1,769/mo rent. Return on cash invested shows 34.64% in year one, and 5% annual appreciation builds toward $32,463 over five years. Five-year ROI reaches 188.09% and total cumulative return in cash records $73,262. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,769/mo property income covering a $575/mo payment rather than investor’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
$528 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50266, West Des Moines, IA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
19,201
Single Family
11,911
Multi-Family
7,290
Businesses
1,810
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Listed by: Renee Dunkel • Century 21 Signature
Mls Name: DMMLS
Mls Provider:
Mls ID: #719487
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.