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 9428 Modena Ln, West Des Moines, IA, 50266 listed at $432,940 pairs $3,120/mo rent with a $2,119/mo payment to leave $133/mo cash flow. Total monthly income runs $3,120/mo, and annual cash flow reaches $1,600/yr on $143,520 cash to close. Return on cash invested measures 21.02% in year one, and rental yield registers 8.65% at a $432,940 basis. Equity gained on principal adds $2,794/yr, and annual property appreciation at 5% supports $119,613 by year five. Five-year ROI tracks 109.76% and total cumulative return in cash totals $157,526. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,120/mo property income relative to a $2,119/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2025
5,662 sqft 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 |
|---|---|---|
| 2025-09-16 | Sold | $432,940 |
| 2025-08-18 | Pending sale | $434,900 |
| 2025-07-15 | Price change | $434,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $6.00 | N/A | $340 | N/A |
Listed by: Rob Burditt • Hubbell Homes of Iowa, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #717280
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.
