








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 $1,630/mo, and a $1,052/mo payment. Purchase price stands at $215,000, and rental yield measures 9.1% with $1,630/mo rent. Return on cash invested shows 16.64% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 88.31% and total cumulative return in cash records $62,941. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,630/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$400 monthly HOA
Neighborhood data shown for ZIP Code: 50314, Des Moines, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,989 (100%) |
| Owner Occupied HU | 1,688 (33.8%) |
| Renter Occupied HU | 2,661 (53.3%) |
| Vacant Housing Units | 640 (12.8%) |
| Median Home Value | $168,263 |
| Average Home Value | $200,574 |
Residential
4,535
Single Family
3,252
Multi-Family
1,283
Businesses
370
Date | Event | Price |
|---|---|---|
| 2025-03-24 | Listed for sale | $215,000 |
| 2019-09-06 | Sold | $184,900 |
| 2019-07-02 | Pending sale | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-26 | $3608.00 | 0.84% | $174,700 | 11.42% |
| 2022-03-26 | $3578.00 | -0.45% | $156,800 | N/A |
| 2021-03-26 | $3594.00 | -3.39% | $156,800 | 6.02% |



Listed by: Madi Andersen • NextHome Your Way
Mls Name: DMMLS
Mls Provider:
Mls ID: #713580
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.