Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 7105, West Des Moines, IA, 50266 generates $1,496/mo in rent and, after a $901/mo payment, leaves $126/mo in cash flow. Total monthly income is $1,496/mo, and annual cash flow is $1,507/yr on $60,996 invested. Return on cash invested sits at 22.38% in year one, and rental yield is 9.76% on a $184,000 entry. Equity gained on principal adds $1,187/yr, while 5% annual appreciation builds toward $50,836 over five years. Five-year ROI reaches 117.79% and total cumulative return in cash sums $71,845. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,496/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 |
|---|---|---|
| 2025-04-15 | Listed for sale | $184,000 |
| 2020-04-30 | Sold | $127,000 |
| 2020-04-07 | Pending sale | $127,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-17 | $2254.00 | 8.89% | $149,100 | 15.38% |
| 2022-04-17 | $2070.00 | -3.27% | $129,230 | 6.92% |
| 2021-04-17 | $2140.00 | -1.38% | $120,870 | 6.45% |
Listed by: Seth Walker • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #715681
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.
