




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Des Moines at 6803 SW 16th St, Des Moines, IA, 50315 listed at $155,000 pairs $1,200/mo rent with a $759/mo payment to leave $193/mo cash flow. Total monthly income runs $1,200/mo, and annual cash flow reaches $2,316/yr on $51,383 cash to close. Return on cash invested measures 24.42% in year one, and rental yield registers 9.29% at a $155,000 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,824 by year five. Five-year ROI tracks 127.38% and total cumulative return in cash totals $65,452. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,200/mo property income relative to a $759/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
9,757 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-05-29 | Listed for sale | $155,000 |
| 2024-05-03 | Sold | $125,000 |
| 2024-03-28 | Pending sale | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-02 | $2234.00 | -1.85% | $113,600 | N/A |
| 2023-06-02 | $2276.00 | 0.71% | $113,600 | 17.60% |
| 2022-06-02 | $2260.00 | 6.50% | $96,600 | N/A |



Listed by: Jeffrey Hagel • Jeff Hagel Real Estate
Mls Name: DMMLS
Mls Provider:
Mls ID: #719118
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