Cedar Plan, Mill RidgeWest 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 Cedar Plan, Mill Ridge, West Des Moines, IA, 50266 with 5% annual appreciation on a $338,700 basis while $2,714/mo rent supports operations. Total monthly income totals $2,714/mo and a $1,658/mo payment preserves $514/mo for cash returns. Annual cash flow comes to $6,169/yr on $112,279 deployed, and return on cash invested reaches 25.4% in year one. Equity gained on principal adds $2,186/yr, and five-year appreciation sums $93,577 alongside rental yield of 9.62%. Five-year ROI measures 132.74% and total cumulative return in cash totals $149,034.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,714/mo property income versus a $1,658/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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: N/A • Hubbell Homes
Mls Name: Hubbell Homes
Mls ID: #N/A