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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
$ 138,000
ROI
20.8
Cash Flow/m
40- 2 Bed
- 2 Bath
- 898 sft
5221 Boulder Dr Unit 7, West Des Moines, IA, 50265
$ 219,900
ROI
22.3Cash Flow/m
157- 2 Bed
- 3 Bath
- 1255 sft
811 Burr Oaks Dr Unit 1403, West Des Moines, IA, 50266
$ 187,900
ROI
26.0Cash Flow/m
327- 3 Bed
- 2 Bath
- 1215 sft
8601 Westown Pkwy Unit 19105, West Des Moines, IA, 50266
$ 150,000
ROI
19.8Cash Flow/m
2- 2 Bed
- 2 Bath
- 1152 sft
4849 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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