980 SE Browns Woods DrWest Des MoinesIA50265
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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
Rental property for sale in West Des Moines at 980 SE Browns Woods Dr, West Des Moines, IA, 50265 priced at $800,000 converts $4,133/mo rent into after a $3,916/mo obligation. Total monthly income equals $4,133/mo. Return on cash invested prints 15.21% in year one, and rental yield reads 6.2% against a $800,000 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation compiles into $221,025 by year five. Five-year ROI reaches 78.03% and total cumulative return in cash sums $205,364. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,133/mo property income covering a $3,916/mo payment, not borrower’s personal income.
Single Family
Built in 1996
1.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50265, West Des Moines, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,157 (100%) |
| Owner Occupied HU | 9,392 (62.0%) |
| Renter Occupied HU | 4,929 (32.5%) |
| Vacant Housing Units | 836 ( 5.5%) |
| Median Home Value | $310,899 |
| Average Home Value | $379,482 |
Housing Distribution
Address Breakdown
Residential
15,049
Single Family
11,438
Multi-Family
3,611
Businesses
1,103
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Listed by: Lori Adrianse • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #717317
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.