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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 West Des Moines at 8302 Westown Pkwy UNIT 6101, West Des Moines, IA, 50266 offers a 10.45% rental yield on a $179,900 purchase with $1,567/mo rent. Total monthly income registers $1,567/mo, and a $881/mo payment leaves $223/mo available for distribution. Annual cash flow reaches $2,678/yr on $59,637 to close, and return on cash invested stands at 24.4% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 128.67% and total cumulative return in cash at $76,737. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,567/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
553.21 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 |
|---|---|---|
| 2025-07-01 | Sold | $179,900 |
| 2025-06-06 | Pending sale | $179,900 |
| 2025-05-01 | Listed for sale | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-08 | $2452.00 | 6.61% | $151,580 | N/A |
| 2023-10-08 | $2300.00 | 8.59% | $151,580 | 15.08% |
| 2022-10-08 | $2118.00 | -3.20% | $131,720 | 6.78% |
Listed by: Sandra Gustafson • BHHS First Realty Westown
Mls Name: DMMLS
Mls Provider:
Mls ID: #717019
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.
