Cascade Plan, Banks Landing, West Des Moines, IA, 50266 | $159/mo Cash Flow

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Cascade Plan, Banks Landing, West Des Moines, IA, 50266 | $159/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in West Des Moines at Cascade Plan, Banks Landing, West Des Moines, IA, 50266 priced at $279,000 converts $1,971/mo rent into $159/mo cash flow after a $1,366/mo obligation. Total monthly income equals $1,971/mo, and annual cash flow totals $1,903/yr on $92,489 invested. Return on cash invested prints 21.97% in year one, and rental yield reads 8.48% against a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation compiles into $77,083 by year five. Five-year ROI reaches 114.29% and total cumulative return in cash sums $105,703. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,971/mo property income covering a $1,366/mo payment, not borrower’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Destiny Homes presents their Cascade floor plan. This ranch plan features 2 bedrooms, 2 bathrooms, and approximately 1300 square feet of finished space. The kitchen features a corner pantry, island, quartz countertops, and access off the dining area to the backyard. The great room has ample natural light and an electric fireplace. The primary suite features a double vanity, walk-in closet, and pass through to the laundry room. A full bathroom, bedroom, family room, and plenty of storage in the optional finished lower level. All Destiny homes are Energy Star rated & have a 2 year builder warranty. Striking the perfect balance between quality and efficiency, your path to homeownership starts right now! Ask about $2,000 in closing costs provided

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