811 Burr Oaks Dr UNIT 603West Des MoinesIA50266
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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
Investment Highlights
Investment property for sale in West Des Moines at 811 Burr Oaks Dr UNIT 603, West Des Moines, IA, 50266 earns $199/mo cash flow from $1,433/mo rent with a $930/mo payment. Total monthly income totals $1,433/mo, and annual cash flow totals $2,388/yr on $62,985 capital. ROI tracks 23.7% on current figures, and rental yield reads 9.05% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 123.55% and total cumulative return in cash sums $77,820. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,433/mo property income instead of your personal income.
Townhouse
Built in 1999
5,052 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50266, West Des Moines, IA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
19,201
Single Family
11,911
Multi-Family
7,290
Businesses
1,810
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Listed by: Tony Sly • Keller Williams Realty GDM
Mls Name: DMMLS
Mls ID: #728935