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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in West Des Moines, IA
Listed for sale 7 days ago
$ 189,900
ROI
26.4
Cash Flow/m
351- 3 Bed
- 2 Bath
- 1277 sft
6255 Beechtree Dr Unit 1204, West Des Moines, IA, 50266
$ 174,500
ROI
24.7Cash Flow/m
242- 2 Bed
- 2 Bath
- 1130 sft
8350 Ep True Pkwy Unit 4104, West Des Moines, IA, 50266
$ 179,900
ROI
20.5Cash Flow/m
39- 3 Bed
- 2 Bath
- 1170 sft
124 Holiday Cir #6, West Des Moines, IA, 50265
$ 169,900
ROI
25.0Cash Flow/m
249- 2 Bed
- 2 Bath
- 1152 sft
4801 Woodland Ave Unit 1, West Des Moines, IA, 50266
Why Invest in West Des Moines, Iowa?
West Des Moines, IA offers strong opportunities for condo investors seeking stable rental income in a growing suburb. The local market shows steady home value appreciation around 1.5% annually with median prices near $317,000. Renter-occupied housing remains high at 35%, supported by employment hubs and balanced inventory. Cap rates hover at 5.5% with average rents of $1,450, delivering reliable cash flow. Infrastructure improvements and low vacancy rates enhance long-term returns.
7.2%
Avg. ROI
5.8%
Rental Yield
5.5%
Cap Rate
$420/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
1.5%
1Y Appreciation
Frequently Asked Questions
Average cap rates reach 5.5% with rental yields around 5.8%. Cash flow averages $420 monthly on typical units. Appreciation supports steady equity growth at 1.5% annually.
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