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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 West Des Moines at 811 Burr Oaks Dr UNIT 1108, West Des Moines, IA, 50266 listed at $189,000 pairs $1,880/mo rent with a $925/mo payment to leave $308/mo cash flow. Total monthly income runs $1,880/mo, and annual cash flow reaches $3,691/yr on $62,654 cash to close. Return on cash invested measures 25.8% in year one, and rental yield registers 11.94% at a $189,000 basis. Equity gained on principal adds $1,220/yr, and annual property appreciation at 5% supports $52,217 by year five. Five-year ROI tracks 137.25% and total cumulative return in cash totals $85,990. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,880/mo property income relative to a $925/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1998
5,052 sqft lot
$N/A/sqft
$345 monthly HOA
Neighborhood data shown for ZIP Code: 50266, West Des Moines, IA area.
| 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 |
Residential
19,201
Single Family
11,911
Multi-Family
7,290
Businesses
1,810
Date | Event | Price |
|---|---|---|
| 2024-10-09 | Listed for sale | $189,000 |
| 2020-07-09 | Listing removed | $1,295 |
| 2020-07-02 | Sold | $140,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $2748.00 | 1.18% | $180,800 | 27.06% |
| 2022-10-14 | $2716.00 | -4.77% | $142,300 | N/A |
| 2021-10-14 | $2852.00 | 1.57% | $142,300 | 0.07% |
Listed by: Tim Hegwood • PMI Realty Central Iowa
Mls Name: DMMLS
Mls Provider:
Mls ID: #705484
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.
