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4905 SW 6th St
D+ Composite 48.57
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 +15.0/15.0
  • Cash flow +12.1/30.0
  • 1% rule +4.2/10.0
  • Livability +4.0/5.0
  • Schools +3.8/10.0
  • DSCR +3.6/10.0
  • Rent growth +3.4/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$125,000

4905 SW 6th St · Des Moines, IA 50315
2 bd · 1.0 ba · 1,000 sqft · SingleFamily public records · 13 Days on market
Built 1954 0.25 ac lot Est $211k · 41% under

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

Listing remarks MLS

Fabulous 3 bedroom ranch with many new features. This home has been given a fresh look and is move in ready. This home has newer flooring and fresh paint though out. The newly updated kitchen is ready for your family to enjoy. The home features a modern fireplace in the living room. The laundry room is easy to to fall in love with as it is just steps away from the family room. All appliance stay. The exterior has vinyl siding newer windows, good roof, and a LARGE yard. This home sets the new owner up with low newer furnace and central air, maintenance for the first several years. This is home. Available for NFC financing.

Key facts

  • Ranch home
  • Tree lined street
  • Storage building

Tags

RANCH HOMETREE LINED STREETLARGE FENCED BACKYARDSTORAGE BUILDINGGREAT LOCATION

Property features AI

Finance

  • Other: Annual tax amount listed

Exterior

  • Utilities: Public water; Public sewer
  • Home design: Single-story home; Asphalt shingle roof; Zoning: N3A
  • Construction: Rectangular lot; 50 x 218 lot dimensions; Concrete road access; 0.25 acre lot
  • Exterior features: Deck; Patio; Fully fenced yard; Open porch

Interior

  • Bedrooms: 2 main-level bedrooms
  • Flooring: Laminate flooring
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Forced air heating (natural gas); Central air conditioning
  • Interior features: Gas log fireplace (1); Crawl space basement

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/1.0-bath single-family listed at $125k.

Deal economics

  • At list price, monthly cash flow is $-28 ($-334/yr) — negative.
  • To cash-flow at today's rent, offer at most $120k (3.9% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $115k (7.9% below list).
  • Recommended offer: $115k (7.9% below list) — sets the bar for 1% rule.
  • Cap rate 6.0% 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 (+3.5%/yr); 227 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 43% 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 $864 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

  • Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
  • 4 sale attempts since 7y 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.

Risks & watch-outs

  • Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $115,117 (7.9% below list)

Questions for the listing agent

  1. 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?
  2. Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  6. 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?
  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
6.03%
Cash-on-cash
-0.95%
DSCR
0.96
GRM
9.0

CMA / ARV

ARV (on-the-fly)
$211,000
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
212 Herold Ave 0.22mi 2/1.0 856 (-14%) 0mo $145,000 $169 65
108 E Leach Ave 0.60mi 3/2.0 (+1) 969 (-3%) 0mo $279,000 $288 58
4512 SW 2nd St 0.30mi 3/2.0 (+1) 1,120 (+12%) 1mo $274,500 $245 56
1232 Carrie Ave 0.71mi 3/1.5 (+1) 1,025 (+2%) 1mo $242,500 $237 55
504 Watrous Ave 0.57mi 3/1.0 (+1) 926 (-7%) 2mo $168,000 $181 54
3822 SW 2nd St 0.67mi 2/1.5 1,080 (+8%) 2mo $195,000 $181 52
913 Frederick Ave 0.62mi 2/2.0 910 (-9%) 2mo $150,000 $165 51
1207 Kenyon Ave 0.58mi 3/1.0 (+1) 912 (-9%) 4mo $192,000 $211 50
4101 SE 2nd St 0.71mi 3/1.0 (+1) 884 (-12%) 1mo $127,000 $144 42
1121 Porter Ave 0.60mi 3/1.0 (+1) 1,148 (+15%) 1mo $175,000 $152 41
112 Rose Ave 0.74mi 2/2.0 876 (-12%) 3mo $187,500 $214 38
5814 SW 3rd St 0.63mi 3/2.0 (+1) 868 (-13%) 4mo $185,000 $213 37

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 · 3.48% rent growth · sell at horizon

5-year hold
IRR
-17.2%
Equity multiple
0.39×
Total profit
$-21,407
Equity at exit
$18,638
10-year hold
IRR
-8.2%
Equity multiple
0.48×
Total profit
$-18,356
Equity at exit
$10,808

Cash invested: $35,000 (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
3-day pay-or-quit; mostly landlord-friendly statewide.

ZIP-level market 50315

Rents YoY
3.5%
Active inventory
227
Price-to-rent
9.0×

Monthly cashflow live

Estimated rent
$1,151 high interval (Pro) →
Mortgage (P&I)
$656
Tax from tax record
$230 /mo · $2,756/yr
Insurance
$52
HOA
$0
Vacancy / Maint / Mgmt
$242
Net cashflow
$-28

Break-even live

Break-even rent $1,186
Max offer price $120,082
Occupancy floor 97%

Sensitivity live

Price -10% $43 -5% $8 +0% $-28 +5% $-63 +10% $-99
Rent -10% $-119 -5% $-73 +0% $-28 +5% $18 +10% $63
Rate -1.0pp $35 -0.5pp $4 base $-28 +0.5pp $-60 +1.0pp $-93

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
$31,250
Closing costs
$3,750
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 35 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
5000 SW 8th St Des Moines, IA 3.0 1.0 956 $1,340 $1.40 24d 1 0.11mi
5015 SW 9th St Des Moines, IA 1.0–2.0 1.0 682 $910 $1.33 14d 5 0.18mi
201 McKinley Ave Des Moines, IA 3.0 1.0 840 $1,350 $1.61 44d 1 0.24mi
4805 South Union St Des Moines, IA 2.0 1.0 720 $1,245 $1.73 24d 1 0.32mi
939 Kenyon Ave Des Moines, IA 3.0 1.5 950 $1,350 $1.42 44d 1 0.42mi
5201 S Union St Unit 302 Des Moines, IA 2.0 1.0 800 $845 $1.06 21d 1 0.42mi
5201 S Union St Apt 208 Des Moines, IA 2.0 1.0 800 $845 $1.06 44d 1 0.42mi
12 E Kenyon Ave Des Moines, IA 3.0 1.5 1000 $1,395 $1.40 24d 1 0.45mi
211 E McKinley Ave Des Moines, IA 2.0–3.0 1.5–2.0 875 $847 $0.97 14d 4 0.46mi
1013 1/2 Kenyon Ave Des Moines, IA 2.0 1.0 768 $875 $1.14 44d 1 0.47mi
1012 Carrie Ave Des Moines, IA 2.0 1.0 1100 $1,700 $1.55 21d 1 0.55mi
311 E McKinley Ave Des Moines, IA 2.0 2.0 884 $785 $0.89 44d 1 0.56mi
1211 Lewis Ave Des Moines, IA 1.0 1.0 724 $1,095 $1.51 44d 1 0.58mi
2323 E Porter Ave #27 Des Moines, IA 3.0 2.0 1214 $1,275 $1.05 24d 1 0.69mi
3810 SW 12th St Des Moines, IA 2.0 1.0 790 $1,095 $1.39 24d 1 0.82mi
204 E Leland Ave Des Moines, IA 3.0 1.0 1040 $1,595 $1.53 14d 1 0.88mi
315 Miller Ave Des Moines, IA 3.0 1.0 1018 $1,595 $1.57 44d 1 0.90mi
23 E Lally St Des Moines, IA 2.0 1.0 844 $1,245 $1.48 21d 1 0.94mi
501 E Porter Ave Des Moines, IA 2.0 1.0 812 $975 $1.20 44d 1 0.94mi
116 Park Ave Des Moines, IA 2.0 1.0 728 $1,200 $1.65 44d 1 1.08mi
521 Hart Ave Des Moines, IA 2.0 1.0 950 $1,150 $1.21 14d 1 1.10mi
6514 Chaffee Rd Des Moines, IA 1.0–2.0 1.0 683 $960 $1.40 14d 19 1.14mi
815 Boulder Ave Des Moines, IA 1.0 1.0 800 $745 $0.93 44d 1 1.18mi
6209 SE 5th St Unit 6205-35 Des Moines, IA 2.0 1.0 900 $905 $1.01 19d 1 1.21mi
6800 SW 9th St Des Moines, IA 1.0 1.0 818 $902 $1.10 14d 3 1.22mi
3310 SE 5th St Des Moines, IA 2.0 1.0 700 $1,150 $1.64 44d 1 1.24mi
1303 Burnham Ave Des Moines, IA 3.0 1.0 1272 $1,795 $1.41 19d 1 1.30mi
6920 SW 9th St Apt 11 Des Moines, IA 2.0 1.0 750 $775 $1.03 44d 1 1.30mi
6920 SW 9th St Apt 12 Des Moines, IA 2.0 1.0 750 $750 $1.00 44d 1 1.30mi
6924 Chaffee Rd Des Moines, IA 1.0–2.0 1.0 796 $1,038 $1.30 14d 14 1.30mi
2200 Stanton Ave Des Moines, IA 2.0 1.0 1000 $950 $0.95 24d 1 1.32mi
4421 SE 14th St Unit 201 Des Moines, IA 3.0 2.0 1188 $1,050 $0.88 44d 1 1.37mi
2221 Stanton Ave Des Moines, IA 1.0–2.0 1.0–2.0 853 $1,095 $1.28 14d 3 1.37mi
404 E Pleasant View Dr Des Moines, IA 3.0 2.0 936 $1,125 $1.20 44d 1 1.38mi
3712 SE 14th St Unit 3708-36 Des Moines, IA 2.0 1.0 850 $855 $1.01 14d 1 1.47mi

Listing history 19 events

  1. 2026-06-03
    statusdays on market $125,000 Pending 13 DOM
  2. 2026-06-02
    days on market $125,000 Active 12 DOM
  3. 2026-06-01
    days on market $125,000 Active 11 DOM
  4. 2026-05-31
    days on market $125,000 Active 10 DOM
  5. 2026-05-31
    days on market $125,000 Active 9 DOM
  6. 2026-05-20
    listed $125,000 Active
  7. 2021-04-12
    soldstatus $131,000
  8. 2021-04-09
    soldstatus $131,000 Closed 629-char remark
    Show marketing remark (629 chars)

    Fabulous 3 bedroom ranch with many new features. This home has been given a fresh look and is move in ready. This home has newer flooring and fresh paint though out. The newly updated kitchen is ready for your family to enjoy. The home features a modern fireplace in the living room. The laundry room is easy to to fall in love with as it is just steps away from the family room. All appliance stay. The exterior has vinyl siding newer windows, good roof, and a LARGE yard. This home sets the new owner up with low newer furnace and central air, maintenance for the first several years. This is home. Available for NFC financing.

  9. 2021-03-11
    status Pending 629-char remark
    Show marketing remark (629 chars)

    Fabulous 3 bedroom ranch with many new features. This home has been given a fresh look and is move in ready. This home has newer flooring and fresh paint though out. The newly updated kitchen is ready for your family to enjoy. The home features a modern fireplace in the living room. The laundry room is easy to to fall in love with as it is just steps away from the family room. All appliance stay. The exterior has vinyl siding newer windows, good roof, and a LARGE yard. This home sets the new owner up with low newer furnace and central air, maintenance for the first several years. This is home. Available for NFC financing.

  10. 2021-03-10
    listed $125,000 Active 629-char remark
    Show marketing remark (629 chars)

    Fabulous 3 bedroom ranch with many new features. This home has been given a fresh look and is move in ready. This home has newer flooring and fresh paint though out. The newly updated kitchen is ready for your family to enjoy. The home features a modern fireplace in the living room. The laundry room is easy to to fall in love with as it is just steps away from the family room. All appliance stay. The exterior has vinyl siding newer windows, good roof, and a LARGE yard. This home sets the new owner up with low newer furnace and central air, maintenance for the first several years. This is home. Available for NFC financing.

  11. 2020-02-20
    soldstatus $93,000
  12. 2020-02-17
    soldstatus $93,000 Closed 708-char remark
    Show marketing remark (708 chars)

    Sharp 3 bedroom ranch with many new features. This home has been given a fresh look and is move in ready. This home has all new flooring and fresh paint though out. The bath is fresh shines like a new penny. The kitchen is ready for your family to enjoy. There is a family room in the rear of the home with a wood burning stove to cut down on your heating bills. The laundry room is easy to to fall in love with as it is just steps away from the family room. All appliance stay. The exterior has vinyl siding newer windows, good roof, and a large yard. This home sets the new owner up with low newer furnace and central air, maintenance for the first several years. This is home. available for NFC financing.

  13. 2019-12-30
    status Pending 708-char remark
    Show marketing remark (708 chars)

    Sharp 3 bedroom ranch with many new features. This home has been given a fresh look and is move in ready. This home has all new flooring and fresh paint though out. The bath is fresh shines like a new penny. The kitchen is ready for your family to enjoy. There is a family room in the rear of the home with a wood burning stove to cut down on your heating bills. The laundry room is easy to to fall in love with as it is just steps away from the family room. All appliance stay. The exterior has vinyl siding newer windows, good roof, and a large yard. This home sets the new owner up with low newer furnace and central air, maintenance for the first several years. This is home. available for NFC financing.

  14. 2019-12-27
    status Active 708-char remark
    Show marketing remark (708 chars)

    Sharp 3 bedroom ranch with many new features. This home has been given a fresh look and is move in ready. This home has all new flooring and fresh paint though out. The bath is fresh shines like a new penny. The kitchen is ready for your family to enjoy. There is a family room in the rear of the home with a wood burning stove to cut down on your heating bills. The laundry room is easy to to fall in love with as it is just steps away from the family room. All appliance stay. The exterior has vinyl siding newer windows, good roof, and a large yard. This home sets the new owner up with low newer furnace and central air, maintenance for the first several years. This is home. available for NFC financing.

  15. 2019-12-23
    status Pending 708-char remark
    Show marketing remark (708 chars)

    Sharp 3 bedroom ranch with many new features. This home has been given a fresh look and is move in ready. This home has all new flooring and fresh paint though out. The bath is fresh shines like a new penny. The kitchen is ready for your family to enjoy. There is a family room in the rear of the home with a wood burning stove to cut down on your heating bills. The laundry room is easy to to fall in love with as it is just steps away from the family room. All appliance stay. The exterior has vinyl siding newer windows, good roof, and a large yard. This home sets the new owner up with low newer furnace and central air, maintenance for the first several years. This is home. available for NFC financing.

  16. 2019-11-25
    price $99,900 708-char remark
    Show marketing remark (708 chars)

    Sharp 3 bedroom ranch with many new features. This home has been given a fresh look and is move in ready. This home has all new flooring and fresh paint though out. The bath is fresh shines like a new penny. The kitchen is ready for your family to enjoy. There is a family room in the rear of the home with a wood burning stove to cut down on your heating bills. The laundry room is easy to to fall in love with as it is just steps away from the family room. All appliance stay. The exterior has vinyl siding newer windows, good roof, and a large yard. This home sets the new owner up with low newer furnace and central air, maintenance for the first several years. This is home. available for NFC financing.

  17. 2019-10-23
    price $107,900 708-char remark
    Show marketing remark (708 chars)

    Sharp 3 bedroom ranch with many new features. This home has been given a fresh look and is move in ready. This home has all new flooring and fresh paint though out. The bath is fresh shines like a new penny. The kitchen is ready for your family to enjoy. There is a family room in the rear of the home with a wood burning stove to cut down on your heating bills. The laundry room is easy to to fall in love with as it is just steps away from the family room. All appliance stay. The exterior has vinyl siding newer windows, good roof, and a large yard. This home sets the new owner up with low newer furnace and central air, maintenance for the first several years. This is home. available for NFC financing.

  18. 2019-10-03
    listed $109,900 Active 708-char remark
    Show marketing remark (708 chars)

    Sharp 3 bedroom ranch with many new features. This home has been given a fresh look and is move in ready. This home has all new flooring and fresh paint though out. The bath is fresh shines like a new penny. The kitchen is ready for your family to enjoy. There is a family room in the rear of the home with a wood burning stove to cut down on your heating bills. The laundry room is easy to to fall in love with as it is just steps away from the family room. All appliance stay. The exterior has vinyl siding newer windows, good roof, and a large yard. This home sets the new owner up with low newer furnace and central air, maintenance for the first several years. This is home. available for NFC financing.

  19. 2004-06-04
    soldstatus $67,000

ⓘ 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
$2,756 · $230/mo
Projected year-2 tax
$2,756 · $230/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 · 14 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$13,814
− Mortgage interest
−$7,002
− Property taxes
−$2,756
− Insurance
−$625
− Repairs & maintenance
−$1,105
− Management
−$1,105
− Depreciation
−$3,636
Taxable loss
−$2,416
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$580
After-tax cash flow
$246/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)
34,816
Household income
$60,590
Rent vs Own
38.5% rent · 61.5% own
Severe rent burden
1072.0

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 (66%)
Race & ethnicity
White 66% Hispanic / Latino 19% Two or more races 11% Black 9% Asian 2%
Hispanic origin (detail)
Mexican 14%
Common ancestry
Iranian 2% Portuguese 2% Italian 2%
Foreign-born
10% · Canada, Philippines
Languages at home
83% English-only · Spanish 13% Other Asian/Pacific 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
▼ -259.03%
Current HPI
269.7231
Rent YoY
▲ 3.48%
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

+86.6% since first listed
14 events — show timeline
  • 2026-05-20 Listed $125,000 DMMLS
  • 2021-04-12 Sold (Public Records) $131,000 Public Records
  • 2021-04-09 Sold (MLS) $131,000 DMMLS
  • 2021-03-11 Pending DMMLS
  • 2021-03-10 Listed $125,000 DMMLS
  • 2020-02-20 Sold (Public Records) $93,000 Public Records
  • 2020-02-17 Sold (MLS) $93,000 DMMLS
  • 2019-12-30 Pending DMMLS
  • 2019-12-27 Relisted DMMLS
  • 2019-12-23 Pending DMMLS
  • 2019-11-25 Price Changed $99,900 DMMLS
  • 2019-10-23 Price Changed $107,900 DMMLS
  • 2019-10-03 Listed $109,900 DMMLS
  • 2004-06-04 Sold (Public Records) $67,000 Public Records

Property tax history

+5.5%/yr

Latest (2025): $2,756 · +2.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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