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1311 Washington Ave
C+ Composite 63.0
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).

  • ARV discount +15.0/15.0
  • Cash flow +14.5/30.0
  • Appreciation +10.0/10.0
  • Rent growth +4.5/5.0
  • DSCR +4.4/10.0
  • 1% rule +4.2/10.0
  • Livability +4.0/5.0
  • Schools +3.8/10.0
  • Condition / age +2.5/5.0

$99,500

1311 Washington Ave · Des Moines, IA 50314
2 bd · 2.0 ba · 751 sqft · SingleFamily public records · 65 Days on market
Built 1921 $132/sqft · 27% below area Est $137k · 27% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

The rest of this home’s story is ready to be written! This charming bungalow offers incredible potential with several updates already underway—bringing your vision one step closer to reality. Improvements include LVP flooring in the living and dining areas, partial water line replacement, and early stages of additional finished space in the basement. An anchor wall foundation system was also installed during the seller’s ownership for added peace of mind. Inside, you’ll find a generously sized living room that flows seamlessly into the dining area—perfect for everyday living or entertaining. A cozy kitchen with lots of potential. The Main Level features two bedrooms connected by a Jack-and-Jill bathroom. The basement level offers some already finished space along with an additional bathroom, providing even more room to grow. In the back the large covered pack porch is ready for your creative touches for entertaining. Opportunity, space, and value—all waiting for your personal touch!

Key facts

  • Parking
  • Built 1921
  • Listed 65 days

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath single-family listed at $100k.

Deal economics

  • At list price, monthly cash flow is $22 ($267/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 $91k (8.2% below list).
  • Recommended offer: $91k (8.2% below list) — sets the bar for 1% rule.
  • Cap rate 6.6% 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 rising fast (+8.2%/yr); 64 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 52% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,953 units permitted in Polk County in 2024 (540 in 5+ unit buildings).

Forward outlook

  • In year one you build about $11k of equity ($688 loan paydown + $10k appreciation (10.0% local appreciation)).
  • Polk County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (10.0% appreciation + 8.0% rent growth), your $28k cash investment doubles in ~3 years — after that, you're playing with house money.
  • By year 4, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 65 days — a 6% lower offer ($94k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 18y ago; this cycle's ask has dropped $6k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1921 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $91,387 (8.2% below list)

Questions for the listing agent

  1. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 8% concession, seller financing, or rate buy-down credit?
  2. Built in 1921 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. 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.
  8. 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.
  9. 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
0.92%
Cap rate
6.56%
Cash-on-cash
0.96%
DSCR
1.04
GRM
9.1

CMA / ARV

ARV (median comp)
$137,017
List price
$99,500
Delta
-27.38%
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
1513 College Ave 0.20mi 2/1.0 768 (+2%) 7mo $117,000 $152 77
1910 10th St 0.25mi 2/1.0 710 (-6%) 5mo $108,000 $152 71
1929 10th St 0.30mi 3/1.5 (+1) 774 (+3%) 10mo $136,588 $176 66
1546 16th St 0.28mi 2/1.0 720 (-4%) 14mo $90,000 $125 65
1906 10th St 0.25mi 2/1.0 695 (-8%) 13mo $123,500 $178 61
1523 Allison Ave 0.26mi 2/1.0 816 (+9%) 11mo $162,000 $199 60
1337 College Ave 0.14mi 2/1.0 850 (+13%) 13mo $164,000 $193 56
229 Clark St 0.73mi 2/1.0 748 (-0%) 7mo $130,000 $174 56
1822 22nd St 0.65mi 3/2.0 (+1) 770 (+2%) 7mo $175,000 $227 54
2112 Martin Luther King Jr Pkwy 0.64mi 2/1.0 795 (+6%) 2mo $77,000 $97 54
1512 2nd Pl 0.74mi 2/1.0 704 (-6%) 10mo $139,900 $199 42
2219 Lincoln Ave 0.72mi 2/1.0 830 (+10%) 11mo $141,000 $170 36

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold
IRR
26.8%
Equity multiple
3.17×
Total profit
$60,456
Equity at exit
$89,637
10-year hold
IRR
24.9%
Equity multiple
7.78×
Total profit
$188,927
Equity at exit
$193,307

Cash invested: $27,860 (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
3-day pay-or-quit; mostly landlord-friendly statewide.

ZIP-level market 50314

Home prices YoY
9.8%
Rents YoY
8.2%
Active inventory
64
Price-to-rent
9.1×

Monthly cashflow live

Estimated rent
$914 high interval (Pro) →
Mortgage (P&I)
$522
Tax from tax record
$136 /mo · $1,638/yr
Insurance
$41
HOA
$0
Vacancy / Maint / Mgmt
$192
Net cashflow
$22

Break-even live

Break-even rent $886
Max offer price $99,500
Occupancy floor 93%

Sensitivity live

Price -10% $79 -5% $50 +0% $22 +5% $-6 +10% $-34
Rent -10% $-50 -5% $-14 +0% $22 +5% $58 +10% $94
Rate -1.0pp $72 -0.5pp $48 base $22 +0.5pp $-4 +1.0pp $-30

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
$24,875
Closing costs
$2,985
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1914 10th St Des Moines, IA 2.0 1.0 740 $1,050 $1.42 44d 1 0.25mi
1914 10th St Des Moines, IA 2.0 1.0 740 $1,050 $1.42 24d 1 0.25mi
1621 9th St Unit 1613-01 Des Moines, IA 1.0 1.0 717 $776 $1.08 44d 1 0.32mi
1621 9th St Unit 1621-15 Des Moines, IA 1.0 1.0 625 $743 $1.19 44d 1 0.32mi
1714 College Ave Des Moines, IA 3.0 1.0 1015 $1,050 $1.03 44d 1 0.35mi
1438 9th St Des Moines, IA 2.0 1.0 700 $745 $1.06 22d 1 0.42mi
1718 22nd St Des Moines, IA 2.0 1.0 840 $995 $1.18 15d 1 0.63mi
1501 University Ave Unit 3 Des Moines, IA 1.0 1.0 572 $595 $1.04 24d 1 0.66mi
1501 University Ave Unit 4 Des Moines, IA 1.0 1.0 572 $595 $1.04 44d 1 0.66mi
1313 21st St Unit 7 Des Moines, IA 1.0 1.0 600 $695 $1.16 44d 1 0.72mi
1313 21st St Unit 2 Des Moines, IA 1.0 1.0 600 $695 $1.16 15d 1 0.72mi
1314 22nd St Unit 1 Des Moines, IA 1.0 1.0 535 $725 $1.36 24d 1 0.82mi
1312 22nd St Des Moines, IA 2.0 1.0 841 $825 $0.98 44d 1 0.82mi
1312 22nd St Unit 2 Des Moines, IA 2.0 1.0 841 $825 $0.98 24d 1 0.82mi
1312 22nd St Unit 2 Des Moines, IA 2.0 1.0 841 $850 $1.01 44d 1 0.82mi
1171 21st St Unit 1 Des Moines, IA 2.0 1.0 1028 $1,150 $1.12 44d 1 0.85mi
2501 24th St Unit 121 Des Moines, IA 3.0 2.0 950 $995 $1.05 24d 1 0.87mi
2501 24th St Apt 107 Des Moines, IA 3.0 2.0 950 $1,045 $1.10 15d 1 0.87mi
2501 24th St Des Moines, IA 2.0 1.0 910 $795 $0.87 24d 1 0.87mi
2501 24th St Unit 113 Des Moines, IA 2.0 1.0 750 $945 $1.26 44d 1 0.87mi
2501 24th St Unit 101 Des Moines, IA 2.0 1.0 750 $725 $0.97 24d 1 0.87mi
2501 24th St Unit 111 Des Moines, IA 2.0 1.0 750 $760 $1.01 24d 1 0.87mi
2413 24th St Unit 3 Des Moines, IA 2.0 1.0 600 $725 $1.21 44d 1 0.87mi
2110 26th St Apt 11 Des Moines, IA 2.0 1.0 628 $925 $1.47 20d 1 0.92mi
913 Day St Des Moines, IA 2.0 1.0 800 $900 $1.12 24d 1 0.96mi
1217 24th St Des Moines, IA 2.0 1.0–2.0 618 $1,400 $2.26 15d 4 0.97mi
1076 21st St Unit 4 Des Moines, IA 1.0 1.0 700 $695 $0.99 44d 1 1.00mi
1215 25th St Unit 1 Des Moines, IA 1.0 1.0 610 $1,200 $1.97 44d 1 1.03mi
1123 24th St Unit 1 Des Moines, IA 3.0 1.0 850 $1,185 $1.39 44d 1 1.08mi
1717 Olive Ave Unit B6 Des Moines, IA 2.0 2.0 1092 $1,700 $1.56 44d 1 1.09mi
933 18th St Des Moines, IA 1.0 1.0 550 $796 $1.45 24d 1 1.10mi
2530 University Ave Des Moines, IA 2.0 1.0 647 $1,750 $2.70 15d 36 1.11mi
1100 24th St Des Moines, IA 2.0 1.0 748 $1,050 $1.40 15d 1 1.11mi
1100 24th St Unit DT 22 Des Moines, IA 2.0 1.0 737 $1,095 $1.49 44d 1 1.11mi
1101 25th St Unit DP 24 Des Moines, IA 1.0 1.0 623 $870 $1.40 44d 1 1.14mi
1101 25th St Apt 2 Des Moines, IA 1.0 1.0 631 $900 $1.43 44d 1 1.14mi
1101 25th St Unit DP 11 Des Moines, IA 2.0 2.0 850 $1,315 $1.55 44d 1 1.14mi
1101 25th St Des Moines, IA 1.0 1.0 561 $835 $1.49 15d 1 1.14mi
1108 25th St Apt 2 Des Moines, IA 1.0 1.0 750 $700 $0.93 44d 1 1.16mi
1118 26th St Unit 3 Des Moines, IA 1.0 1.0 750 $825 $1.10 44d 1 1.20mi

Listing history 34 events

  1. 2026-06-21
    days on market $99,500 Active 65 DOM
  2. 2026-06-18
    days on market $99,500 Active 62 DOM
  3. 2026-06-17
    days on market $99,500 Active 61 DOM
  4. 2026-06-16
    days on market $99,500 Active 60 DOM
  5. 2026-06-15
    days on market $99,500 Active 59 DOM
  6. 2026-06-14
    days on market $99,500 Active 57 DOM
  7. 2026-06-13
    days on market $99,500 Active 56 DOM
  8. 2026-06-10
    days on market $99,500 Active 54 DOM
  9. 2026-06-09
    days on market $99,500 Active 53 DOM
  10. 2026-06-08
    days on market $99,500 Active 52 DOM
  11. 2026-06-07
    days on market $99,500 Active 51 DOM
  12. 2026-06-05
    days on market $99,500 Active 48 DOM
  13. 2026-06-03
    days on market $99,500 Active 47 DOM
  14. 2026-06-02
    days on market $99,500 Active 46 DOM
  15. 2026-06-01
    days on market $99,500 Active 45 DOM
  16. 2026-05-31
    days on market $99,500 Active 44 DOM
  17. 2026-05-31
    days on market $99,500 Active 43 DOM
  18. 2026-05-18
    status Active 1033-char remark
    Show marketing remark (1033 chars)

    The rest of this home’s story is ready to be written! This charming bungalow offers incredible potential with several updates already underway—bringing your vision one step closer to reality. Improvements include LVP flooring in the living and dining areas, partial water line replacement, and early stages of additional finished space in the basement. An anchor wall foundation system was also installed during the seller’s ownership for added peace of mind. Inside, you’ll find a generously sized living room that flows seamlessly into the dining area—perfect for everyday living or entertaining. A cozy kitchen with lots of potential. The Main Level features two bedrooms connected by a Jack-and-Jill bathroom. The basement level offers some already finished space along with an additional bathroom, providing even more room to grow. In the back the large covered pack porch is ready for your creative touches for entertaining. Opportunity, space, and value—all waiting for your personal touch!

  19. 2026-05-11
    status Pending 1033-char remark
    Show marketing remark (1033 chars)

    The rest of this home’s story is ready to be written! This charming bungalow offers incredible potential with several updates already underway—bringing your vision one step closer to reality. Improvements include LVP flooring in the living and dining areas, partial water line replacement, and early stages of additional finished space in the basement. An anchor wall foundation system was also installed during the seller’s ownership for added peace of mind. Inside, you’ll find a generously sized living room that flows seamlessly into the dining area—perfect for everyday living or entertaining. A cozy kitchen with lots of potential. The Main Level features two bedrooms connected by a Jack-and-Jill bathroom. The basement level offers some already finished space along with an additional bathroom, providing even more room to grow. In the back the large covered pack porch is ready for your creative touches for entertaining. Opportunity, space, and value—all waiting for your personal touch!

  20. 2026-04-30
    price $99,500 1033-char remark
    Show marketing remark (1033 chars)

    The rest of this home’s story is ready to be written! This charming bungalow offers incredible potential with several updates already underway—bringing your vision one step closer to reality. Improvements include LVP flooring in the living and dining areas, partial water line replacement, and early stages of additional finished space in the basement. An anchor wall foundation system was also installed during the seller’s ownership for added peace of mind. Inside, you’ll find a generously sized living room that flows seamlessly into the dining area—perfect for everyday living or entertaining. A cozy kitchen with lots of potential. The Main Level features two bedrooms connected by a Jack-and-Jill bathroom. The basement level offers some already finished space along with an additional bathroom, providing even more room to grow. In the back the large covered pack porch is ready for your creative touches for entertaining. Opportunity, space, and value—all waiting for your personal touch!

  21. 2026-04-10
    listed $105,000 Active 1033-char remark
    Show marketing remark (1033 chars)

    The rest of this home’s story is ready to be written! This charming bungalow offers incredible potential with several updates already underway—bringing your vision one step closer to reality. Improvements include LVP flooring in the living and dining areas, partial water line replacement, and early stages of additional finished space in the basement. An anchor wall foundation system was also installed during the seller’s ownership for added peace of mind. Inside, you’ll find a generously sized living room that flows seamlessly into the dining area—perfect for everyday living or entertaining. A cozy kitchen with lots of potential. The Main Level features two bedrooms connected by a Jack-and-Jill bathroom. The basement level offers some already finished space along with an additional bathroom, providing even more room to grow. In the back the large covered pack porch is ready for your creative touches for entertaining. Opportunity, space, and value—all waiting for your personal touch!

  22. 2022-01-20
    soldstatus $95,000
  23. 2022-01-11
    soldstatus $94,900 Closed 420-char remark
    Show marketing remark (420 chars)

    Unique floorplan close to State Fairgrounds. Main floor features 2 bedrooms with jack and jill bathroom. Partially finished basement with full bathroom and non conforming bedroom perfect for home office to work from home. Large fully fenced yard includes children’s playset. Extensive renovations when home was purchased in 2010: everything torn down to the studs, new electrical, & drywall. New roof 06/2017.

  24. 2021-12-02
    status Pending 420-char remark
    Show marketing remark (420 chars)

    Unique floorplan close to State Fairgrounds. Main floor features 2 bedrooms with jack and jill bathroom. Partially finished basement with full bathroom and non conforming bedroom perfect for home office to work from home. Large fully fenced yard includes children’s playset. Extensive renovations when home was purchased in 2010: everything torn down to the studs, new electrical, & drywall. New roof 06/2017.

  25. 2021-09-22
    listed $94,900 Active 420-char remark
    Show marketing remark (420 chars)

    Unique floorplan close to State Fairgrounds. Main floor features 2 bedrooms with jack and jill bathroom. Partially finished basement with full bathroom and non conforming bedroom perfect for home office to work from home. Large fully fenced yard includes children’s playset. Extensive renovations when home was purchased in 2010: everything torn down to the studs, new electrical, & drywall. New roof 06/2017.

  26. 2021-09-22
    historical
    Show marketing remark (420 chars)

    Unique floorplan close to State Fairgrounds. Main floor features 2 bedrooms with jack and jill bathroom. Partially finished basement with full bathroom and non conforming bedroom perfect for home office to work from home. Large fully fenced yard includes children’s playset. Extensive renovations when home was purchased in 2010: everything torn down to the studs, new electrical, & drywall. New roof 06/2017.

  27. 2021-09-17
    price $94,900
  28. 2021-08-24
    listed $98,000 Active
  29. 2018-06-14
    historical
  30. 2018-05-21
    price $75,000
  31. 2018-05-01
    price $78,000
  32. 2018-04-24
    listed $80,000 Active
  33. 2010-01-15
    soldstatus $24,000
  34. 2008-11-17
    listed $27,500

ⓘ 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
$1,638 · $136/mo
Projected year-2 tax
$1,638 · $136/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ 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
$10,966
− Mortgage interest
−$5,574
− Property taxes
−$1,638
− Insurance
−$498
− Repairs & maintenance
−$877
− Management
−$877
− Depreciation
−$2,895
Taxable loss
−$1,392
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$334
After-tax cash flow
$601/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

Amenities B Commute A+ Cost of living A+ Crime F Employment C- Housing A+ Health & safety A+ User ratings A-

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)
10,438
Household income
$39,950
Rent vs Own
52.3% rent · 47.7% own
Severe rent burden
903.0

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
Highly diverse neighborhood (Simpson 0.73)
Race & ethnicity
Black 37% White 29% Hispanic / Latino 20% Asian 12% Two or more races 10%
Hispanic origin (detail)
Mexican 13%
Common ancestry
Ukrainian 6% Iranian 2% Swiss 1%
Foreign-born
26% · Canada, Vietnam, Philippines
Languages at home
60% English-only · Spanish 16% Vietnamese 6% Other Asian/Pacific 4%

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
▲ 30.18%
Current HPI
338.8301
Rent YoY
▲ 8.17%
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

Price history

+261.8% since first listed
17 events — show timeline
  • 2026-05-18 Relisted DMMLS
  • 2026-05-11 Pending DMMLS
  • 2026-04-30 Price Changed $99,500 DMMLS
  • 2026-04-10 Listed $105,000 DMMLS
  • 2022-01-20 Sold (Public Records) $95,000 Public Records
  • 2022-01-11 Sold (MLS) $94,900 DMMLS
  • 2021-12-02 Pending DMMLS
  • 2021-09-22 Listing Removed DMMLS
  • 2021-09-22 Listed $94,900 DMMLS
  • 2021-09-17 Price Changed $94,900 DMMLS
  • 2021-08-24 Listed $98,000 DMMLS
  • 2018-06-14 Listing Removed DMMLS
  • 2018-05-21 Price Changed $75,000 DMMLS
  • 2018-05-01 Price Changed $78,000 DMMLS
  • 2018-04-24 Listed $80,000 DMMLS
  • 2010-01-15 Sold (MLS) $24,000 DMMLS
  • 2008-11-17 Listed $27,500 DMMLS

Property tax history

+5.9%/yr

Latest (2025): $1,638 · +2.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…