








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 817 E Douglas Ave, Des Moines, IA, 50316 listed at $249,900 pairs $1,534/mo rent with a $1,223/mo payment. Total monthly income runs $1,534/mo. Return on cash invested measures 18.62% in year one, and rental yield registers 7.37% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 96.39% and total cumulative return in cash totals $79,850. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,534/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50316, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,465 (100%) |
| Owner Occupied HU | 3,346 (51.8%) |
| Renter Occupied HU | 2,621 (40.5%) |
| Vacant Housing Units | 498 ( 7.7%) |
| Median Home Value | $150,369 |
| Average Home Value | $226,314 |
Residential
5,910
Single Family
4,964
Multi-Family
946
Businesses
468
Date | Event | Price |
|---|---|---|
| 2025-03-21 | Listed for sale | $249,900 |
| 2020-12-18 | Sold | $72,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-26 | $2620.00 | 0.77% | $143,800 | 29.32% |
| 2022-03-26 | $2600.00 | -6.54% | $111,200 | N/A |
| 2021-03-26 | $2782.00 | -3.54% | $111,200 | -9.89% |



Listed by: Kelsey Russell • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #713915
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.