9265 Greenspire Dr UNIT 15West Des MoinesIA50266
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 9265 Greenspire Dr UNIT 15, West Des Moines, IA, 50266 earns $141/mo cash flow from $1,792/mo rent with a $1,067/mo payment. Total monthly income totals $1,792/mo, and annual cash flow totals $1,696/yr on $72,234 capital. ROI tracks 22.26% on current figures, and rental yield reads 9.87% at a $217,900 purchase. Equity gained on principal adds $1,406/yr, and 5% annual appreciation supports $60,202 over five years. Five-year ROI reaches 117.3% and total cumulative return in cash sums $84,732. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,792/mo property income instead of your personal income.
Townhouse
Built in 1999
N/A lot
$N/A/sqft
$235 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Doheny • NEXT GENERATION REALTY, INC.
Mls Name: My State MLS
Mls ID: #11467640