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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% |
Investment property for sale in Des Moines at 681 39th St, Des Moines, IA, 50312 earns $457/mo cash flow from $1,778/mo rent with a $989/mo payment. Total monthly income totals $1,778/mo, and annual cash flow totals $5,478/yr on $66,963 capital. ROI tracks 28.09% on current figures, and rental yield reads 10.56% at a $202,000 purchase. Equity gained on principal adds $1,303/yr, and 5% annual appreciation supports $55,809 over five years. Five-year ROI reaches 147.2% and total cumulative return in cash sums $98,568. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,778/mo property income instead of your personal income.
Single Family
Built in 1904
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50312, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,317 (100%) |
| Owner Occupied HU | 4,524 (54.4%) |
| Renter Occupied HU | 3,187 (38.3%) |
| Vacant Housing Units | 606 ( 7.3%) |
| Median Home Value | $380,171 |
| Average Home Value | $451,211 |
Residential
7,800
Single Family
4,803
Multi-Family
2,997
Businesses
458
Date | Event | Price |
|---|---|---|
| 2025-01-23 | Listed for sale | $202,000 |
| 2015-07-10 | Sold | $102,000 |
| 2015-05-08 | Listed for sale | $99,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $3182.00 | 0.76% | $146,100 | 8.22% |
| 2022-01-27 | $3158.00 | 3.20% | $135,000 | N/A |
| 2021-01-27 | $3060.00 | -3.71% | $135,000 | 10.11% |
Listed by: Dakotah Reed • Iowa Realty Ankeny
Mls Name: DMMLS
Mls Provider:
Mls ID: #710617
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.
