








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in West Des Moines at 8302 Westown Pkwy UNIT 10001, West Des Moines, IA, 50266 generates $1,699/mo in rent and, after a $896/mo payment, leaves $335/mo in cash flow. Total monthly income is $1,699/mo, and annual cash flow is $4,022/yr on $60,665 invested. Return on cash invested sits at 26.54% in year one, and rental yield is 11.14% on a $183,000 entry. Equity gained on principal adds $1,181/yr, while 5% annual appreciation builds toward $50,560 over five years. Five-year ROI reaches 140.13% and total cumulative return in cash sums $85,007. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,699/mo property income rather than buyer’s personal income.
Condo
Built in 2004
531.43 sqft lot
$N/A/sqft
$175 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 |
|---|---|---|
| 2025-07-07 | Sold | $183,000 |
| 2025-06-05 | Pending sale | $185,000 |
| 2025-05-14 | Listed for sale | $185,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $2460.00 | -0.24% | $152,010 | N/A |
| 2023-10-26 | $2466.00 | 8.06% | $152,010 | 15.40% |
| 2022-10-26 | $2282.00 | -3.14% | $131,720 | 6.78% |



Listed by: Angela Glasgow • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #717998
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.