Investment Properties

Overview of Investment Properties for sale

We have several properties for sale including multi family and single family homes. This is an excellent time to get into investing in properties. Here is an overview of all the properties with the rental income, fixed expenses and annual net income. Find more information including links for more information below.  

 

 

 

 

 

Multi Family Property

717 Franklin Ave, Des Moines, IA 50314

6 Units 

Rental Income: 

Unit 1: $650 (1 bedroom)
Unit 2: $870 (3 bedrooms) 
Unit 3: $750 (2 bedrooms)
Unit 4:  $650 (2 bedrooms)
Unit 5: $600 (2 bedrooms)
Unit 6:  $600 (1 bedroom)
Total: $4,120

Fixed Expenses:

Property Tax: $3,143
Insurance: $1,643
Utilities-Water: $5,433
Utilities-Electricity: $1,502
Garbage: $3,181
Maintenance: $4,300
Total: $19,349
  

 

Single Family Homes

For all single-family homes, the tenant is responsible for utilities, snow removal and lawn care. The seller covers insurance only. 

3806 12th St, Des Moines, IA 50313

Price: $173,500

2 Bedrooms, 1 Bathroom

Rental Income: $1,050

Fixed Expenses: 

• Property Taxes: $2,510
• Insurance: $852
• Maintenance: $4,800

3802 12th St, Des Moines, IA 50313

Price: $195,000

2 Bedrooms, 1 Bathroom

Rental Income: $1,200