








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 21207, West Des Moines, IA, 50266 uses $62,455 cash to close to unlock $3,883/yr annual cash flow and $324/mo monthly cash flow. Total monthly income runs $1,772/mo, and a $922/mo payment keeps the spread at $324/mo. Purchase price stands at $188,400, and rental yield measures 11.29% with $1,772/mo rent. Return on cash invested shows 26.13% in year one, and 5% annual appreciation builds toward $52,051 over five years. Five-year ROI reaches 138.17% and total cumulative return in cash records $86,294. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,772/mo property income covering a $922/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$225 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 |
|---|---|---|
| 2025-07-21 | Sold | $188,400 |
| 2025-06-09 | Pending sale | $189,900 |
| 2025-06-06 | Listed for sale | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $2356.00 | 3.06% | $145,580 | N/A |
| 2023-10-16 | $2286.00 | 13.39% | $145,580 | 19.21% |
| 2022-10-16 | $2016.00 | 2.23% | $122,120 | 3.54% |



Listed by: Ronda Dix • LPT Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #719641
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.