








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


Total monthly income runs $2,040/mo, and a $1,076/mo payment. Purchase price stands at $219,900, and rental yield measures 11.13% with $2,040/mo rent. Return on cash invested shows 19.75% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 106.13% and total cumulative return in cash records $77,368. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Condo
Built in 1984
2,744 sqft lot
$N/A/sqft
$622 monthly HOA
Neighborhood data shown for ZIP Code: 50322, Urbandale, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,132 (100%) |
| Owner Occupied HU | 9,754 (69.0%) |
| Renter Occupied HU | 3,744 (26.5%) |
| Vacant Housing Units | 634 ( 4.5%) |
| Median Home Value | $284,903 |
| Average Home Value | $302,461 |
Residential
13,630
Single Family
10,811
Multi-Family
2,819
Businesses
1,407
Date | Event | Price |
|---|---|---|
| 2025-08-25 | Listed for sale | $219,900 |
| 2025-07-29 | Listing removed | $227,000 |
| 2025-06-20 | Price change | $227,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-28 | $2922.00 | -12.51% | $199,400 | N/A |
| 2023-08-28 | $3340.00 | 1.27% | $199,400 | 6.97% |
| 2022-08-28 | $3298.00 | 2.81% | $186,400 | N/A |



Listed by: B.J. KNAPP • Iowa Realty Mills Crossing
Mls Name: DMMLS
Mls Provider:
Mls ID: #724877
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.