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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 2 days ago
$ 175,000
ROI
26.9
Cash Flow/m
348- 2 Bed
- 2 Bath
- 1081 sft
1208 49th St Unit 1, West Des Moines, IA, 50266
Listed for sale 6 days ago
$ 305,000
ROI
23.1Cash Flow/m
282- 3 Bed
- 3 Bath
- 1834 sft
7912 Cottonwood Ln, West Des Moines, IA, 50266
$ 179,000
ROI
25.6Cash Flow/m
292- 2 Bed
- 2 Bath
- 1125 sft
6255 Beechtree Dr Unit 4202, West Des Moines, IA, 50266
$ 212,000
ROI
24.5Cash Flow/m
281- 3 Bed
- 2 Bath
- 1388 sft
6350 Coachlight Dr UNIT 1306, 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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