8350 Ep True Pkwy UNIT 1203West Des MoinesIA50266
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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
Investment property for sale in West Des Moines at 8350 Ep True Pkwy UNIT 1203, West Des Moines, IA, 50266 earns $553/mo cash flow from $1,711/mo rent with a $873/mo payment. Total monthly income totals $1,711/mo, and annual cash flow totals $6,633/yr on $59,106 capital. ROI tracks 31.13% on current figures, and rental yield reads 11.52% at a $178,300 purchase. Equity gained on principal adds $1,151/yr, and 5% annual appreciation supports $49,261 over five years. Five-year ROI reaches 163.43% and total cumulative return in cash sums $96,599. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,711/mo property income instead of your personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50266, West Des Moines, IA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
19,201
Single Family
11,911
Multi-Family
7,290
Businesses
1,810
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Listed by: N/A • N/A
Mls Name: Iowa Realty
Mls Provider:
Mls ID: #719393