9563 Crestview Dr · West 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
- $507 – $1,088
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 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D 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 +14.0/15.0
- Schools +7.1/10.0
- Cash flow +6.3/30.0
- Livability +4.4/5.0
- Rent growth +3.0/5.0
- 1% rule +2.5/10.0
- Condition / age +2.5/5.0
- DSCR +0.6/10.0
- Appreciation +0.0/10.0
$244,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome home to this beautiful 2-story townhome offering 3 bedrooms, 2.5 bathrooms, and a versatile loft space perfect for a study, den, or additional family room. 1,636 sq ft of livable space. The main level features durable LVP flooring and an open, eat-in kitchen with quartz countertops and stainless steel appliances. Enjoy the convenience of living near local favorites like Barn Town, Jethro's, Blue Agave, and more! Located on the Waukee side of West Des Moines within the Waukee School District. HOA dues of $170/month cover exterior maintenance, lawn care, snow removal, and trash, making for worry-free living. This property can be rented (40% rental cap - check with HOA for current status). Pets are welcome (up to 2 dogs, 2 cats, or one of each). Home warranty is included!
Key facts
- Open eat in kitchen
- Quartz countertops
- 2 story townhome
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.5-bath townhouse listed at $245k.
Deal economics
- At list price, monthly cash flow is $-433 ($-5k/yr) — negative.
- To cash-flow at today's rent, offer at most $168k (31.2% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $183k (25.1% below list).
- Recommended offer: $168k (31.2% below list) — sets the bar for cash-flow.
- Cap rate 4.2% vs local median 2.5% in West 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 87/100 on livability (#11 in IA, #336 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, cost of living A+, housing A+; Watch: commute F.
- Waukee Community School District (suburban): math 80% / reading 79% proficiency, ranked #14 of 289 in IA (top 5%) — strong family-tenant draw, lease renewals of 3-5y typical; only 11% free/reduced lunch — higher-income household profile.
- Zoned schools: Maple Grove Elementary School (math 83% / reading 78%, grade A+, #64 of 616 statewide, top 10%, 439 students, 34% FRL); South Middle School (math 78% / reading 77%, grade A+, #50 of 246 statewide, top 20%, 909 students, 26% FRL); Waukee High School (math 74% / reading 82%, grade A-, #53 of 336 statewide, top 16%, 1,268 students, 24% FRL) — zoned schools average 28% FRL vs 11% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents rising (+1.9%/yr); 591 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,503 units permitted in Dallas County in 2024 (630 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
- Dallas County population projected at +74% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 307 days — a 12% lower offer ($216k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 6y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 307 days. Have you received any prior offers? Is the seller open to a 31% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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 A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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
- 0.75% ✗
- Cap rate
- 4.17%
- Cash-on-cash
- -7.58%
- DSCR
- 0.66
- GRM
- 11.1
CMA / ARV
- ARV (median comp)
- $286,107
- List price
- $244,900
- Delta
- -14.40%
- 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 |
|---|---|---|---|---|---|---|---|
| 9165 Greenspire Dr #104 | 0.37mi | 3/2.5 | 1,680 (+3%) | 2mo | $260,000 | $155 | 77 |
| 1880 SE Ashleaf Cir | 0.41mi | 3/2.5 | 1,443 (-12%) | 3mo | $365,000 | $253 | 59 |
| 9146 Canyon St | 0.71mi | 3/3.0 | 1,726 (+6%) | 2mo | $460,000 | $267 | 54 |
| 812 SE Williams Ct | 0.63mi | 2/2.5 (-1) | 1,538 (-6%) | 2mo | $279,900 | $182 | 54 |
| 1815 SE Hickory Cir | 0.34mi | 2/2.0 (-1) | 1,408 (-14%) | 1mo | $298,000 | $212 | 53 |
| 1216 SE Williams Ct | 0.71mi | 3/3.0 | 1,761 (+8%) | 0mo | $290,000 | $165 | 52 |
| 9205 Greenspire Dr #3 | 0.31mi | 2/1.5 (-1) | 1,395 (-15%) | 1mo | $215,000 | $154 | 51 |
| 1825 SE Hickory Cir | 0.34mi | 2/2.0 (-1) | 1,408 (-14%) | 5mo | $320,000 | $227 | 50 |
| 1162 SE Williams Ct | 0.74mi | 3/2.5 | 1,477 (-10%) | 2mo | $248,500 | $168 | 48 |
| 9138 Canyon St | 0.73mi | 3/3.0 | 1,421 (-13%) | 1mo | $440,000 | $310 | 41 |
| 1313 SE University Ave #105 | 0.67mi | 3/2.0 | 1,420 (-13%) | 4mo | $172,500 | $121 | 41 |
| 1313 SE University Ave #206 | 0.67mi | 3/2.0 | 1,402 (-14%) | 2mo | $185,000 | $132 | 41 |
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 · 1.94% rent growth · sell at horizon
- IRR
- -30.8%
- Equity multiple
- -0.01×
- Total profit
- $-69,048
- Equity at exit
- $36,515
- IRR
- -39.6%
- Equity multiple
- -0.50×
- Total profit
- $-102,818
- Equity at exit
- $21,174
Cash invested: $68,572 (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 50266
- Home prices YoY
- -17.5%
- Rents YoY
- 1.9%
- Active inventory
- 591
- Price-to-rent
- 11.1×
Monthly cashflow live
- Estimated rent
- $1,834 high interval (Pro) →
- Mortgage (P&I)
- −$1,284
- Tax from tax record
- −$325 /mo · $3,902/yr
- Insurance
- −$102
- HOA
- −$170
- Vacancy / Maint / Mgmt
- −$385
- Net cashflow
- $-433
Break-even live
Sensitivity live
| Price | -10% $-294 | -5% $-364 | +0% $-433 | +5% $-502 | +10% $-572 |
|---|---|---|---|---|---|
| Rent | -10% $-578 | -5% $-505 | +0% $-433 | +5% $-360 | +10% $-288 |
| Rate | -1.0pp $-310 | -0.5pp $-371 | base $-433 | +0.5pp $-496 | +1.0pp $-561 |
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
- $61,225
- Closing costs
- $7,347
- 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 20 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 9160 Greenspire Dr #108 West Des Moines, IA | 2.0 | 2.5 | 1526 | $1,550 | $1.02 | 16d | 1 | 0.40mi |
| 1284 SE Brownstone Way Waukee, IA | 2.0 | 2.5 | 1254 | $1,700 | $1.36 | 25d | 1 | 0.40mi |
| 1276 SE Brownstone Way Waukee, IA | 2.0 | 2.5 | 1254 | $1,700 | $1.36 | 45d | 1 | 0.41mi |
| 1422 SE Emerald Dr Waukee, IA | 2.0–3.0 | 2.0–2.5 | 1312 | $1,800 | $1.37 | 23d | 4 | 0.43mi |
| 9065 Greenspire Dr #103 West Des Moines, IA | 3.0 | 2.5 | 1525 | $1,695 | $1.11 | 25d | 1 | 0.44mi |
| 9055 Coneflower Dr #106 West Des Moines, IA | 2.0 | 2.5 | 1510 | $1,850 | $1.23 | 16d | 1 | 0.46mi |
| 1695 SE Olson Dr Waukee, IA | 4.0 | 3.0 | 1739 | $2,495 | $1.43 | 16d | 1 | 0.47mi |
| 2295 SE Glacier Trl Waukee, IA | 1.0–2.0 | 1.0–2.0 | 870 | $1,550 | $1.78 | 25d | 1 | 0.62mi |
| 1439 SE Superior Ln Waukee, IA | 2.0 | 2.5 | 1201 | $1,800 | $1.50 | 25d | 1 | 0.70mi |
| 1150 SE Olson Dr Waukee, IA | 1.0–3.0 | 1.0–2.0 | 1076 | $1,531 | $1.42 | 16d | 47 | 0.81mi |
| 9068 Hayden Dr Waukee, IA | 3.0 | 2.0 | 1461 | $2,295 | $1.57 | 16d | 1 | 0.87mi |
| 425 SE Waco Pl Waukee, IA | 3.0 | 2.5 | 1816 | $2,250 | $1.24 | 23d | 1 | 0.92mi |
| 730 SE Booth Ave Waukee, IA | 4.0 | 2.5 | 2163 | $2,600 | $1.20 | 16d | 1 | 0.96mi |
| 8601 Westown Pkwy West Des Moines, IA | 2.0–3.0 | 2.0 | 1099 | $1,395 | $1.27 | 25d | 1 | 0.98mi |
| 260 SE Waco Pl Waukee, IA | 3.0 | 2.0 | 1263 | $1,795 | $1.42 | 21d | 1 | 1.04mi |
| 266 SE Boulder Ct Waukee, IA | 3.0 | 2.0 | 1263 | $1,750 | $1.39 | 45d | 1 | 1.06mi |
| 8602 Westown Pkwy West Des Moines, IA | 2.0–3.0 | 2.0 | 1222 | $1,378 | $1.13 | 16d | 9 | 1.12mi |
| 8302 Westown Pkwy #2107 West Des Moines, IA | 2.0 | 1.5 | 1056 | $1,495 | $1.42 | 45d | 1 | 1.20mi |
| 1325 SE Centennial Pkwy Waukee, IA | 2.0–3.0 | 2.0 | 1358 | $2,561 | $1.89 | 16d | 9 | 1.39mi |
| 207 SE Booth Ave Unit 207 Waukee, IA | 3.0 | 3.0 | 2000 | $2,250 | $1.12 | 25d | 1 | 1.46mi |
HOA detail
- Monthly dues
- $170 · $2,040/yr
- Likely covers
- trashlandscapingsnow removalexterior maint.
Listing history 28 events
-
2026-06-21days on market $244,900 Active 307 DOM
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2026-06-18price $244,900 Active 304 DOM
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2026-06-18days on market $249,900 Active 304 DOM
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2026-06-17days on market $249,900 Active 303 DOM
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2026-06-16days on market $249,900 Active 302 DOM
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2026-06-15days on market $249,900 Active 301 DOM
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2026-06-14days on market $249,900 Active 299 DOM
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2026-06-13days on market $249,900 Active 298 DOM
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2026-06-10days on market $249,900 Active 296 DOM
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2026-06-09days on market $249,900 Active 295 DOM
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2026-06-08days on market $249,900 Active 294 DOM
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2026-06-07days on market $249,900 Active 293 DOM
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2026-06-05days on market $249,900 Active 290 DOM
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2026-06-03days on market $249,900 Active 289 DOM
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2026-06-02days on market $249,900 Active 288 DOM
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2026-06-01days on market $249,900 Active 287 DOM
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2026-05-31days on market $249,900 Active 286 DOM
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2026-05-31days on market $249,900 Active 285 DOM
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2025-08-18$254,900 Active 787-char remark
Show marketing remark (787 chars)
Welcome home to this beautiful 2-story townhome offering 3 bedrooms, 2.5 bathrooms, and a versatile loft space perfect for a study, den, or additional family room. 1,636 sq ft of livable space. The main level features durable LVP flooring and an open, eat-in kitchen with quartz countertops and stainless steel appliances. Enjoy the convenience of living near local favorites like Barn Town, Jethro's, Blue Agave, and more! Located on the Waukee side of West Des Moines within the Waukee School District. HOA dues of $170/month cover exterior maintenance, lawn care, snow removal, and trash, making for worry-free living. This property can be rented (40% rental cap - check with HOA for current status). Pets are welcome (up to 2 dogs, 2 cats, or one of each). Home warranty is included!
-
2021-09-16soldstatus $231,490 Closed 865-char remark
Show marketing remark (865 chars)
D. R. Horton presents the Birmingham, one of our newest, contemporary-style floorplans. This inner unit plan is a must see! The main level features an open floor plan, large living space, a convenient half bath for guests, and a spacious dining area that leads into a gorgeous kitchen. The kitchen boasts beautiful granite countertops and kitchen island, perfect for entertaining. Up the stairs, you'll find the owners suite bedroom that features a sizeable walk-in closet and a stunning ensuite bathroom which includes a double vanity sink and shower. Also upstairs is a loft area, two additional bedrooms, a full bathroom, and a handy laundry room. This plan is ready for you to call it home! This home is currently under construction. Photos may be similar but not necessarily of subject property, including interior and exterior colors, finishes and appliances.
-
2021-05-03status Pending 865-char remark
Show marketing remark (865 chars)
D. R. Horton presents the Birmingham, one of our newest, contemporary-style floorplans. This inner unit plan is a must see! The main level features an open floor plan, large living space, a convenient half bath for guests, and a spacious dining area that leads into a gorgeous kitchen. The kitchen boasts beautiful granite countertops and kitchen island, perfect for entertaining. Up the stairs, you'll find the owners suite bedroom that features a sizeable walk-in closet and a stunning ensuite bathroom which includes a double vanity sink and shower. Also upstairs is a loft area, two additional bedrooms, a full bathroom, and a handy laundry room. This plan is ready for you to call it home! This home is currently under construction. Photos may be similar but not necessarily of subject property, including interior and exterior colors, finishes and appliances.
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2021-02-23price $231,490 865-char remark
Show marketing remark (865 chars)
D. R. Horton presents the Birmingham, one of our newest, contemporary-style floorplans. This inner unit plan is a must see! The main level features an open floor plan, large living space, a convenient half bath for guests, and a spacious dining area that leads into a gorgeous kitchen. The kitchen boasts beautiful granite countertops and kitchen island, perfect for entertaining. Up the stairs, you'll find the owners suite bedroom that features a sizeable walk-in closet and a stunning ensuite bathroom which includes a double vanity sink and shower. Also upstairs is a loft area, two additional bedrooms, a full bathroom, and a handy laundry room. This plan is ready for you to call it home! This home is currently under construction. Photos may be similar but not necessarily of subject property, including interior and exterior colors, finishes and appliances.
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2021-02-11price $228,990 865-char remark
Show marketing remark (865 chars)
D. R. Horton presents the Birmingham, one of our newest, contemporary-style floorplans. This inner unit plan is a must see! The main level features an open floor plan, large living space, a convenient half bath for guests, and a spacious dining area that leads into a gorgeous kitchen. The kitchen boasts beautiful granite countertops and kitchen island, perfect for entertaining. Up the stairs, you'll find the owners suite bedroom that features a sizeable walk-in closet and a stunning ensuite bathroom which includes a double vanity sink and shower. Also upstairs is a loft area, two additional bedrooms, a full bathroom, and a handy laundry room. This plan is ready for you to call it home! This home is currently under construction. Photos may be similar but not necessarily of subject property, including interior and exterior colors, finishes and appliances.
-
2021-02-08price $218,990 865-char remark
Show marketing remark (865 chars)
D. R. Horton presents the Birmingham, one of our newest, contemporary-style floorplans. This inner unit plan is a must see! The main level features an open floor plan, large living space, a convenient half bath for guests, and a spacious dining area that leads into a gorgeous kitchen. The kitchen boasts beautiful granite countertops and kitchen island, perfect for entertaining. Up the stairs, you'll find the owners suite bedroom that features a sizeable walk-in closet and a stunning ensuite bathroom which includes a double vanity sink and shower. Also upstairs is a loft area, two additional bedrooms, a full bathroom, and a handy laundry room. This plan is ready for you to call it home! This home is currently under construction. Photos may be similar but not necessarily of subject property, including interior and exterior colors, finishes and appliances.
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2021-01-04price $217,990 865-char remark
Show marketing remark (865 chars)
D. R. Horton presents the Birmingham, one of our newest, contemporary-style floorplans. This inner unit plan is a must see! The main level features an open floor plan, large living space, a convenient half bath for guests, and a spacious dining area that leads into a gorgeous kitchen. The kitchen boasts beautiful granite countertops and kitchen island, perfect for entertaining. Up the stairs, you'll find the owners suite bedroom that features a sizeable walk-in closet and a stunning ensuite bathroom which includes a double vanity sink and shower. Also upstairs is a loft area, two additional bedrooms, a full bathroom, and a handy laundry room. This plan is ready for you to call it home! This home is currently under construction. Photos may be similar but not necessarily of subject property, including interior and exterior colors, finishes and appliances.
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2020-12-07price $216,990 865-char remark
Show marketing remark (865 chars)
D. R. Horton presents the Birmingham, one of our newest, contemporary-style floorplans. This inner unit plan is a must see! The main level features an open floor plan, large living space, a convenient half bath for guests, and a spacious dining area that leads into a gorgeous kitchen. The kitchen boasts beautiful granite countertops and kitchen island, perfect for entertaining. Up the stairs, you'll find the owners suite bedroom that features a sizeable walk-in closet and a stunning ensuite bathroom which includes a double vanity sink and shower. Also upstairs is a loft area, two additional bedrooms, a full bathroom, and a handy laundry room. This plan is ready for you to call it home! This home is currently under construction. Photos may be similar but not necessarily of subject property, including interior and exterior colors, finishes and appliances.
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2020-11-02price $213,990 865-char remark
Show marketing remark (865 chars)
D. R. Horton presents the Birmingham, one of our newest, contemporary-style floorplans. This inner unit plan is a must see! The main level features an open floor plan, large living space, a convenient half bath for guests, and a spacious dining area that leads into a gorgeous kitchen. The kitchen boasts beautiful granite countertops and kitchen island, perfect for entertaining. Up the stairs, you'll find the owners suite bedroom that features a sizeable walk-in closet and a stunning ensuite bathroom which includes a double vanity sink and shower. Also upstairs is a loft area, two additional bedrooms, a full bathroom, and a handy laundry room. This plan is ready for you to call it home! This home is currently under construction. Photos may be similar but not necessarily of subject property, including interior and exterior colors, finishes and appliances.
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2020-10-21$210,990 Active 865-char remark
Show marketing remark (865 chars)
D. R. Horton presents the Birmingham, one of our newest, contemporary-style floorplans. This inner unit plan is a must see! The main level features an open floor plan, large living space, a convenient half bath for guests, and a spacious dining area that leads into a gorgeous kitchen. The kitchen boasts beautiful granite countertops and kitchen island, perfect for entertaining. Up the stairs, you'll find the owners suite bedroom that features a sizeable walk-in closet and a stunning ensuite bathroom which includes a double vanity sink and shower. Also upstairs is a loft area, two additional bedrooms, a full bathroom, and a handy laundry room. This plan is ready for you to call it home! This home is currently under construction. Photos may be similar but not necessarily of subject property, including interior and exterior colors, finishes and appliances.
ⓘ 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
- $3,902 · $325/mo
- Projected year-2 tax
- $3,902 · $325/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 1/10 Low 0 unhealthy d/yr today · 0 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
- $22,004
- − Mortgage interest
- −$13,718
- − Property taxes
- −$3,902
- − Insurance
- −$1,224
- − Repairs & maintenance
- −$1,760
- − Management
- −$1,760
- − HOA
- −$2,040
- − Depreciation
- −$7,124
- Taxable loss
- −$9,526
- Est. tax savings @ 24.0%
- +$2,286
- After-tax cash flow
- $-2,909/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
- Waukee Community School District
- NCES district ID
- 1930510
- Math proficiency
- 80% ▼ -6.00%
- Reading proficiency
- 79% ▼ -5.00%
- Median HH income
- $88,580
- Composite
- 70.94/100
- National rank
- #245
- State rank
- #14 of 289 in IA
Livability — West Des Moines
- Score
- 87/100
- State rank
- #11
- US rank
- #336
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- West Des Moines, IA
- County
- Dallas County · 77,082 people
- City population
- 71,011
- Metro
- Des Moines-West Des Moines, IA
- Population (ZIP)
- 37,523
- Household income
- $87,025
- Rent vs Own
- Severe rent burden
- 1561.0
Population outlook (Dallas County) Hauer SSP2
- Today (2025)
- 111,904 people
- By 2030
- 127,807 · +14.2%
- By 2040
- 160,576 · +43.5%
- By 2050
- 194,154 · +73.5%
- By 2075
- 271,895 · +143.0%
- By 2100
- 326,525 · +191.8%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (80%)
- Race & ethnicity
- White 80% Asian 8% Two or more races 6% Hispanic / Latino 5% Black 3%
- Hispanic origin (detail)
- Mexican 3%
- Common ancestry
- Portuguese 5% Italian 3% Iranian 2%
- Foreign-born
- 12% · Canada, South Korea, Vietnam
- Languages at home
- 86% English-only · Spanish 4% Other Asian/Pacific 3% Other Indo-European 2%
Political lean MEDSL · Dallas
- 2024 margin
- Toss-up / Even · D 46.9% · R 51.7% · Other 1.4%
- 2008→2024 swing
- +0.8pp no change · 2008: -5.5pp · 2024: -4.8pp
- All cycles
- 2024: R+4.8 2020: R+2.0 2016: R+9.6 2012: R+11.8 2008: R+5.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -43.24%
- Current HPI
- 203.6979
- Rent YoY
- ▲ 1.94%
- 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 |
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| Retail / Convenience | 1 | $15B |
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Price history
+20.8% since first listed10 events — show timeline
- 2025-08-18 Listed $254,900 DMMLS
- 2021-09-16 Sold (MLS) $231,490 DMMLS
- 2021-05-03 Pending — DMMLS
- 2021-02-23 Price Changed $231,490 DMMLS
- 2021-02-11 Price Changed $228,990 DMMLS
- 2021-02-08 Price Changed $218,990 DMMLS
- 2021-01-04 Price Changed $217,990 DMMLS
- 2020-12-07 Price Changed $216,990 DMMLS
- 2020-11-02 Price Changed $213,990 DMMLS
- 2020-10-21 Listed $210,990 DMMLS
Property tax history
+253.5%/yrLatest (2025): $3,902 · +1.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…