2305 Drake Park Ave · Des Moines, IA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $902 – $1,676
Heat risk 3/10 · Minor
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +15.5/30.0
- ARV discount +15.0/15.0
- DSCR +4.8/10.0
- 1% rule +4.1/10.0
- Livability +4.0/5.0
- Schools +3.8/10.0
- Condition / age +2.5/5.0
- Rent growth +1.8/5.0
- Appreciation +0.0/10.0
$150,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.
Key facts
- Formal dining room
- Newer roof
- Updated flooring
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.5-bath single-family listed at $150k.
Deal economics
- At list price, monthly cash flow is $59 ($710/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $136k (9.4% below list).
- Recommended offer: $132k (12.0% below list) — sets the bar for market timing.
- Cap rate 6.8% vs local median 3.1% in Des Moines — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 81/100 on livability (#63 in IA, #1,432 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment C-, schools D+, crime F.
- Des Moines Independent Community School District (urban): math 43% / reading 46% proficiency, ranked #289 of 289 in IA (top 100%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 63% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents soft (-2.7%/yr); 122 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 46% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,953 units permitted in Polk County in 2024 (540 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- Polk County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 192 days — a 12% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts; this cycle's ask has dropped $35k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1883 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 192 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1883 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.91% ✗
- Cap rate
- 6.77%
- Cash-on-cash
- 1.69%
- DSCR
- 1.08
- GRM
- 9.2
CMA / ARV
- ARV (median comp)
- $208,968
- List price
- $150,000
- Delta
- -28.22%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2305 Drake Park Ave | 0.00mi | 4/1.5 (+1) | 1,356 (0%) | 0mo | $150,000 | $111 | 95 |
| 1010 24th St | 0.20mi | 3/2.5 | 1,354 (-0%) | 2mo | $345,000 | $255 | 85 |
| 1144 27th St | 0.27mi | 3/2.0 | 1,408 (+4%) | 1mo | $120,000 | $85 | 79 |
| 2830 Rutland Ave | 0.39mi | 3/1.5 | 1,392 (+3%) | 1mo | $333,000 | $239 | 77 |
| 1502 17th St | 0.68mi | 3/1.0 | 1,352 (-0%) | 0mo | $90,025 | $67 | 66 |
| 1006 26th St | 0.28mi | 3/1.5 | 1,158 (-15%) | 1mo | $217,000 | $187 | 62 |
| 2517 Woodland Ave | 0.72mi | 4/1.5 (+1) | 1,361 (+0%) | 1mo | $250,000 | $184 | 60 |
| 1559 23rd St | 0.64mi | 3/1.0 | 1,223 (-10%) | 1mo | $167,500 | $137 | 51 |
| 683 25th St | 0.63mi | 3/2.0 | 1,507 (+11%) | 2mo | $315,000 | $209 | 48 |
| 1526 Harrison Ave | 0.68mi | 4/2.0 (+1) | 1,456 (+7%) | 2mo | $230,000 | $158 | 47 |
| 1534 18th St | 0.70mi | 4/2.5 (+1) | 1,440 (+6%) | 2mo | $200,000 | $139 | 46 |
| 683 27th St | 0.64mi | 3/2.0 | 1,154 (-15%) | 1mo | $220,000 | $191 | 42 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -17.0%
- Equity multiple
- 0.42×
- Total profit
- $-24,511
- Equity at exit
- $22,365
- IRR
- -15.5%
- Equity multiple
- 0.24×
- Total profit
- $-31,851
- Equity at exit
- $12,969
Cash invested: $42,000 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 83 Strongly Landlord-Friendly
- State Iowa
- 83 Strongly Landlord-Friendly · R+6
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 50311
- Rents YoY
- -2.7%
- Active inventory
- 122
- Price-to-rent
- 9.2×
Monthly cashflow live
- Estimated rent
- $1,359 high interval (Pro) →
- Mortgage (P&I)
- −$787
- Tax from tax record
- −$165 /mo · $1,982/yr
- Insurance
- −$62
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$285
- Net cashflow
- $59
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $37,500
- Closing costs
- $4,500
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 37 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2530 University Ave Des Moines, IA | 2.0 | 1.0 | 647 | $1,750 | $2.70 | 14d | 36 | 0.20mi |
| 1171 21st St Unit 1 Des Moines, IA | 2.0 | 1.0 | 1028 | $1,150 | $1.12 | 43d | 1 | 0.26mi |
| 1171 21st St Unit 2 Des Moines, IA | 4.0 | 1.0 | 1210 | $1,300 | $1.07 | 43d | 1 | 0.26mi |
| 2813 Cottage Grove Ave Unit 2 Des Moines, IA | 3.0 | 1.0 | 900 | $1,200 | $1.33 | 43d | 1 | 0.36mi |
| 1717 Olive Ave Unit B6 Des Moines, IA | 2.0 | 2.0 | 1092 | $1,700 | $1.56 | 43d | 1 | 0.50mi |
| 2940 Brattleboro Ave Unit 2 Des Moines, IA | 3.0 | 2.0 | 1250 | $1,300 | $1.04 | 14d | 1 | 0.52mi |
| 737 28th St Des Moines, IA | 3.0 | 2.0 | 1037 | $1,800 | $1.74 | 43d | 1 | 0.53mi |
| 2717 Meek Ave Des Moines, IA | 2.0 | 2.0 | 1128 | $1,550 | $1.37 | 14d | 1 | 0.71mi |
| 3103 Forest Ave Des Moines, IA | 1.0–2.0 | 1.0–1.5 | 900 | $1,550 | $1.72 | 14d | 1 | 0.72mi |
| 3005 Woodland Ave Unit 36 Des Moines, IA | 2.0 | 1.0 | 1080 | $1,030 | $0.95 | 21d | 1 | 0.74mi |
| 1821 Woodland Ave Des Moines, IA | 2.0 | 2.0 | 1200 | $1,472 | $1.23 | 43d | 2 | 0.75mi |
| 1637 23rd St Des Moines, IA | 4.0 | 2.0 | 1743 | $1,595 | $0.92 | 43d | 1 | 0.76mi |
| 3201 Forest Ave Des Moines, IA | 3.0 | 1.0–2.0 | 717 | $1,600 | $2.23 | 14d | 16 | 0.76mi |
| 641 19th St Unit WP 5 Des Moines, IA | 2.0 | 2.0 | 1200 | $1,395 | $1.16 | 43d | 1 | 0.76mi |
| 641 19th St Unit WP 1 Des Moines, IA | 2.0 | 2.0 | 1200 | $1,550 | $1.29 | 43d | 1 | 0.76mi |
| 1714 College Ave Des Moines, IA | 3.0 | 1.0 | 1015 | $1,050 | $1.03 | 43d | 1 | 0.78mi |
| 2301 Ingersoll Ave Des Moines, IA | 2.0 | 1.0–2.0 | 784 | $1,815 | $2.32 | 14d | 14 | 0.81mi |
| 1260 34th St Unit 401 Des Moines, IA | 3.0 | 2.0 | 1088 | $1,335 | $1.23 | 43d | 1 | 0.82mi |
| 1345 Keosauqua Way Des Moines, IA | 2.0 | 2.5 | 1550 | $2,045 | $1.32 | 43d | 1 | 0.84mi |
| 3519 University Ave Apt 103 Des Moines, IA | 2.0 | 1.0 | 900 | $915 | $1.02 | 23d | 1 | 0.84mi |
| 1314 Harrison Ave Des Moines, IA | 3.0 | 1.0 | 1150 | $1,195 | $1.04 | 23d | 1 | 0.85mi |
| 2714 Ingersoll Ave Des Moines, IA | 1.0–2.0 | 1.0 | 750 | $1,085 | $1.45 | 43d | 1 | 0.91mi |
| 707 35th St Des Moines, IA | 3.0 | 1.0 | 1546 | $1,995 | $1.29 | 14d | 1 | 0.94mi |
| 1546 33rd St Des Moines, IA | 4.0 | 2.0 | 1540 | $1,850 | $1.20 | 14d | 1 | 0.95mi |
| 641 35th St Unit 11 Des Moines, IA | 2.0 | 1.5 | 1000 | $1,030 | $1.03 | 43d | 1 | 1.01mi |
| 1440 Locust St Des Moines, IA | 2.0 | 1.0 | 957 | $1,385 | $1.45 | 14d | 1 | 1.16mi |
| 544 36th St Unit 2 Des Moines, IA | 2.0 | 1.0 | 1152 | $1,500 | $1.30 | 43d | 1 | 1.20mi |
| 2002 34th St Des Moines, IA | 2.0 | 1.0 | 897 | $1,350 | $1.51 | 21d | 1 | 1.26mi |
| 2501 24th St Unit 121 Des Moines, IA | 3.0 | 2.0 | 950 | $995 | $1.05 | 23d | 1 | 1.27mi |
| 2501 24th St Apt 107 Des Moines, IA | 3.0 | 2.0 | 950 | $1,045 | $1.10 | 14d | 1 | 1.27mi |
| 2501 24th St Des Moines, IA | 2.0 | 1.0 | 910 | $795 | $0.87 | 23d | 1 | 1.27mi |
| 2501 24th St Apt 106 Des Moines, IA | 4.0 | 2.0 | 1175 | $1,245 | $1.06 | 43d | 1 | 1.27mi |
| 9066 Burkwood Dr West Des Moines, IA | 3.0 | 2.5–3.5 | 1783 | $1,960 | $1.10 | 23d | 2 | 1.31mi |
| 3927 Ingersoll Ave Des Moines, IA | 2.0 | 1.0 | 1050 | $1,195 | $1.14 | 43d | 1 | 1.38mi |
| 4000 Ingersoll Ave Des Moines, IA | 3.0 | 1.0–2.0 | 1263 | $5,511 | $4.36 | 14d | 1 | 1.43mi |
| 405 6th Ave Des Moines, IA | 2.0 | 1.0–2.0 | 737 | $1,200 | $1.63 | 14d | 14 | 1.46mi |
| 604 Locust St Des Moines, IA | 1.0–2.0 | 1.0–2.0 | 902 | $1,743 | $1.93 | 14d | 5 | 1.47mi |
Listing history 13 events
-
2026-05-18status Pending 682-char remark
Show marketing remark (682 chars)
Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.
-
2026-04-30status Active 682-char remark
Show marketing remark (682 chars)
Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.
-
2026-04-22status Pending 682-char remark
Show marketing remark (682 chars)
Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.
-
2026-03-23status Active 682-char remark
Show marketing remark (682 chars)
Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.
-
2026-03-06status Pending 682-char remark
Show marketing remark (682 chars)
Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.
-
2026-03-02price $150,000 682-char remark
Show marketing remark (682 chars)
Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.
-
2026-01-27price $160,000 682-char remark
Show marketing remark (682 chars)
Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.
-
2025-12-30price $170,000 682-char remark
Show marketing remark (682 chars)
Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.
-
2025-12-04price $175,000 682-char remark
Show marketing remark (682 chars)
Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.
-
2025-11-10price $180,000 682-char remark
Show marketing remark (682 chars)
Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.
-
2025-10-13$185,000 Active 682-char remark
Show marketing remark (682 chars)
Welcome to 2305 Drake Park Avenue! This beautifully updated 4 bedroom home blends classic charm with modern comfort. Step inside to find fresh paint and updated flooring throughout, creating a bright and inviting atmosphere. The spacious layout includes a formal dining room, perfect for gatherings, along with 1 full bathroom and a convenient half bath. Major updates include a newer roof and recently replaced central air system, offering peace of mind for years to come. Located in the heart of Des Moines and just minutes from downtown, this move-in-ready home is a must see! rent to own, rent or contract terms available All information obtained from seller and public records.
-
2023-12-05soldstatus $215,000
-
2019-07-01soldstatus $77,500
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast IA · Partial reset (capped growth)
- Current annual tax
- $1,982 · $165/mo
- Projected year-2 tax
- $2,168 · $181/mo
- Expected delta
- +$186/yr (+$16/mo · 9.4%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $16,306
- − Mortgage interest
- −$8,402
- − Property taxes
- −$1,982
- − Insurance
- −$750
- − Repairs & maintenance
- −$1,304
- − Management
- −$1,304
- − Depreciation
- −$4,364
- Taxable loss
- −$1,801
- Est. tax savings @ 24.0%
- +$432
- After-tax cash flow
- $1,143/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Des Moines Independent Community School District
- NCES district ID
- 1908970
- Math proficiency
- 43% ▼ -6.00%
- Reading proficiency
- 46% ▼ -1.00%
- Median HH income
- $45,905
- Composite
- 37.83/100
- National rank
- #4331
- State rank
- #289 of 289 in IA
Livability — Des Moines
- Score
- 81/100
- State rank
- #63
- US rank
- #1432
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Des Moines, IA
- County
- Polk County · 453,298 people
- City population
- 203,612
- Metro
- Des Moines-West Des Moines, IA
- Population (ZIP)
- 14,574
- Household income
- $61,957
- Rent vs Own
- Severe rent burden
- 762.0
Population outlook (Polk County) Hauer SSP2
- Today (2025)
- 548,042 people
- By 2030
- 588,557 · +7.4%
- By 2040
- 670,629 · +22.4%
- By 2050
- 752,830 · +37.4%
- By 2075
- 955,069 · +74.3%
- By 2100
- 1,115,436 · +103.5%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (69%)
- Race & ethnicity
- White 69% Black 14% Two or more races 9% Hispanic / Latino 8% Asian 3%
- Hispanic origin (detail)
- Mexican 4%
- Common ancestry
- Portuguese 4% Iranian 2% Slovak 2%
- Foreign-born
- 10% · Canada, Vietnam
- Languages at home
- 88% English-only · Spanish 6% Vietnamese 1% Arabic 1%
Political lean MEDSL · Polk
- 2024 margin
- D (+10.9) · D 54.8% · R 43.9% · Other 1.3%
- 2008→2024 swing
- -3.7pp toward R · 2008: 14.6pp · 2024: 10.9pp
- All cycles
- 2024: D+10.9 2020: D+15.2 2016: D+11.5 2012: D+14.2 2008: D+14.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -205.66%
- Current HPI
- 261.0863
- Rent YoY
- ▼ -2.69%
- Metro
- Des Moines-West Des Moines, IA
- State GDP YoY
- ▲ 2.48%
- F500 in state
- 4
Industry mix (Fortune 500 HQ in IA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Financial Services | 1 | $16B |
|
||
| Retail / Convenience | 1 | $15B |
|
||
Price history
+93.5% since first listed13 events — show timeline
- 2026-05-18 Pending — DMMLS
- 2026-04-30 Relisted — DMMLS
- 2026-04-22 Pending — DMMLS
- 2026-03-23 Relisted — DMMLS
- 2026-03-06 Pending — DMMLS
- 2026-03-02 Price Changed $150,000 DMMLS
- 2026-01-27 Price Changed $160,000 DMMLS
- 2025-12-30 Price Changed $170,000 DMMLS
- 2025-12-04 Price Changed $175,000 DMMLS
- 2025-11-10 Price Changed $180,000 DMMLS
- 2025-10-13 Listed $185,000 DMMLS
- 2023-12-05 Sold (Public Records) $215,000 Public Records
- 2019-07-01 Sold (Public Records) $77,500 Public Records
Property tax history
+5.8%/yrLatest (2025): $1,982 · +2.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…