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% |
Investment property for sale in West Des Moines at 8601 Westown Pkwy UNIT 15103, West Des Moines, IA, 50266 uses $64,609 cash to close to unlock $3,314/yr annual cash flow and $276/mo monthly cash flow. Total monthly income runs $1,727/mo, and a $954/mo payment keeps the spread at $276/mo. Purchase price stands at $194,900, and rental yield measures 10.63% with $1,727/mo rent. Return on cash invested shows 25.04% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 132.06% and total cumulative return in cash records $85,323. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,727/mo property income covering a $954/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$185 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 |
|---|---|---|
| 2024-12-26 | Listed for sale | $194,900 |
| 2024-12-06 | Listing removed | $1,500 |
| 2024-09-19 | Price change | $1,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $2618.00 | 8.45% | $160,050 | 14.49% |
| 2022-01-27 | $2414.00 | -0.33% | $139,790 | 7.15% |
| 2021-01-27 | $2422.00 | 5.76% | $130,460 | 8.83% |
Listed by: McCormick, Kayla • 515 Realty Company
Mls Name: DMMLS
Mls Provider:
Mls ID: #709285
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.
