724 Knolls Ct, West Des Moines, IA, 50265 | $488/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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724 Knolls Ct, West Des Moines, IA, 50265 | $488/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in West Des Moines at 724 Knolls Ct, West Des Moines, IA, 50265 uses $91,129 cash to close to unlock $5,858/yr annual cash flow and $488/mo monthly cash flow. Total monthly income runs $2,273/mo, and a $1,346/mo payment keeps the spread at $488/mo. Purchase price stands at $274,900, and rental yield measures 9.92% with $2,273/mo rent. Return on cash invested shows 26.34% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 137.76% and total cumulative return in cash records $125,535. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,273/mo property income covering a $1,346/mo payment rather than investor’s personal income.

Single Family

Built in 1978

5,619 sqft lot

$N/A/sqft

No HOA

More details about the property

Amazing 3 bedroom ranch in the heart of West Des Moines, with main floor master, unique 3rd bedroom up in the loft, and over 1900 sq ft of finish. When you first walk into the front door you will see the large kitchen, with stainless steel appliances which leads to the open living room with a beautiful brick fireplace. Head out the sliders to the large back deck and fully fenced in yard. The primary suite has a private bath and walk-in closet. Finishing off this level is another bedroom and full bath. Head up the spiral staircase to the large loft/bedroom with walk-in closet and private bath, featuring a gorgeous shower. The lower level provides a family room, laundry area, and plenty of storage. Located in the heart of West Des Moines, just off of 50th street, but on a quiet street.

Neighborhood Data

Neighborhood data shown for ZIP Code: 50265, West Des Moines, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,157 (100%)
Owner Occupied HU	9,392 (62.0%)
Renter Occupied HU	4,929 (32.5%)
Vacant Housing Units	836 ( 5.5%)
Median Home Value	$310,899
Average Home Value	$379,482