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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
$ 280,000
ROI
20.7
Cash Flow/m
75- 2 Bed
- 3 Bath
- 1810 sft
640 S 50th St Unit 2203, West Des Moines, IA, 50265
$ 192,500
ROI
21.3Cash Flow/m
82- 2 Bed
- 2 Bath
- 1185 sft
6350 Coachlight Dr #2102, West Des Moines, IA, 50265
$ 177,500
ROI
22.2Cash Flow/m
122- 2 Bed
- 2 Bath
- 1130 sft
8350 Ep True Pkwy Unit 1103, West Des Moines, IA, 50266
$ 229,900
ROI
23.2Cash Flow/m
221- 2 Bed
- 2 Bath
- 1304 sft
150 S Prairie View Dr Unit 1112, 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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