








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 5204, West Des Moines, IA, 50266 offers a 11.94% rental yield on a $139,900 purchase with $1,392/mo rent. Total monthly income registers $1,392/mo, and a $685/mo payment leaves $308/mo available for distribution. Annual cash flow reaches $3,698/yr on $46,377 to close, and return on cash invested stands at 27.88% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 147.73% and total cumulative return in cash at $68,511. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,392/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A 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 |
|---|---|---|
| 2025-04-04 | Listed for sale | $139,900 |
| 2015-12-23 | Sold | $84,000 |
| 2015-11-18 | Listed for sale | $92,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-07 | $1978.00 | 1.23% | $128,240 | 21.44% |
| 2022-04-07 | $1954.00 | 0.93% | $105,600 | 0.05% |
| 2021-04-07 | $1936.00 | 1.89% | $105,550 | 6.16% |



Listed by: Beth Ernst • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #714882
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.