Best ZIP Codes for Cash Flow in Des Moines-West Des Moines, IA (2026)
Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 50029 | Bayard, IA | $116,316 | $900 | 6.04% | — |
| 2 | 50316 | Des Moines, IA | $163,863 | $1,176 | 5.60% | 4.7% |
| 3 | 50317 | Des Moines, IA | $195,407 | $1,257 | 5.02% | 4.7% |
| 4 | 50313 | Des Moines, IA | $188,066 | $1,103 | 4.58% | 4.6% |
| 5 | 50314 | Des Moines, IA | $165,653 | $951 | 4.48% | 6.3% |
| 6 | 50315 | Des Moines, IA | $198,637 | $1,081 | 4.25% | 4.8% |
| 7 | 50026 | Bagley, IA | $166,166 | $882 | 4.14% | — |
| 8 | 50035 | Bondurant, IA | $330,907 | $1,738 | 4.10% | 2.5% |
| 9 | 50118 | Hartford, IA | $238,226 | $1,242 | 4.07% | 5.5% |
| 10 | 50220 | Perry, IA | $176,918 | $923 | 4.07% | 6.0% |
| 11 | 50309 | Des Moines, IA | $244,736 | $1,272 | 4.06% | 3.4% |
| 12 | 50243 | Sheldahl, IA | $231,018 | $1,152 | 3.89% | 5.3% |
| 13 | 50146 | Linden, IA | $296,879 | $1,476 | 3.88% | 6.4% |
| 14 | 50233 | Redfield, IA | $229,823 | $1,143 | 3.88% | 4.8% |
| 15 | 50021 | Ankeny, IA | $320,860 | $1,562 | 3.80% | 3.9% |
| 16 | 50208 | Newton, IA | $207,432 | $992 | 3.73% | 5.8% |
| 17 | 50128 | Jamaica, IA | $173,936 | $828 | 3.71% | — |
| 18 | 50320 | Des Moines, IA | $266,248 | $1,249 | 3.66% | 4.7% |
| 19 | 50263 | Waukee, IA | $342,068 | $1,596 | 3.64% | 2.0% |
| 20 | 50324 | Windsor Heights, IA | $289,727 | $1,347 | 3.63% | 5.2% |
| 21 | 50009 | Altoona, IA | $320,611 | $1,475 | 3.59% | 3.6% |
| 22 | 50002 | Adair, IA | $205,671 | $945 | 3.58% | 6.6% |
| 23 | 50048 | Casey, IA | $209,221 | $945 | 3.52% | 6.1% |
| 24 | 50070 | Dexter, IA | $242,030 | $1,080 | 3.48% | 4.0% |
| 25 | 50277 | Yale, IA | $216,304 | $936 | 3.38% | — |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Appreciation in Des Moines-West Des Moines, IA · Affordable in Des Moines-West Des Moines, IA
Or see the full Des Moines-West Des Moines, IA metro profile.