821 Ashmoore CirWest Des MoinesIA50265
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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
Rental property for sale in West Des Moines at 821 Ashmoore Cir, West Des Moines, IA, 50265 offers $1,882/mo rent that, after a $1,223/mo payment, leaves $259/mo cash flow. Total monthly income is $1,882/mo, and annual cash flow is $3,110/yr on $82,842 cash. Return on cash invested measures 23.66% in year one, and rental yield stands at 9.04% at a $249,900 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,043 by year five. Five-year ROI records 123.43% and total cumulative return in cash reaches $102,254. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,882/mo property income versus a $1,223/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
9,801 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
15,049
Single Family
11,438
Multi-Family
3,611
Businesses
1,103
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Listed by: STEVEN CAMERONA • Iowa Realty Beaverdale
Mls Name: DMMLS
Mls ID: #733030