Under $200K Investment Properties for Sale in West Des Moines, IA

West Des Moines, IA offers compelling investment opportunities in properties under $200k, particularly condos and townhomes with strong rental demand. The area boasts a **6.2% average rental yield** and **7.8% cap rate**, driven by proximity to Des Moines' job centers. Annual appreciation averages 4.1%, with 42% renter-occupied housing supporting steady cash flow around $850/month. Low entry costs combined with economic stability make it ideal for cash-flow-focused investors.