Value-add Des Moines, IA

Fixer-Uppers with rehab upside in Des Moines, IA.

Light to heavy rehab opportunities in Des Moines, Iowa. Cosmetic flips, full guts, and BRRRR candidates — priced for spread, sold as-is.

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Fixer Uppers in Des Moines, IA

Get alerts on new fixer-upper deals in Des Moines and the surrounding IA market. Most close in 9-14 days with cash or hard money.

Why investors target Des Moines

What you get.

  • Cosmetic, value-add, and full-gut deals
  • Sold strictly as-is
  • Priced for healthy flip or BRRRR spread
  • Rehab scope and ARV comps shared

Des Moines estimated snapshot

~$133,000 est. median · ~38 DOM

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How it works

Three steps from “interested” to closed in Des Moines.

  1. 01

    Set your Des Moines buy box

    Tell us ZIPs, price range, condition, and exit strategy. We filter every new lead through your criteria before it hits your inbox.

  2. 02

    Get deals in your inbox daily

    Motivated-seller leads in Des Moines and surrounding IA markets — verified phone, address, and seller-stated motivation.

  3. 03

    Lock it up and close fast

    Most deals close in 9–14 days with cash or hard money. Assign, wholesale, or hold — your call.

Home in Des Moines, IA

Des Moines investors

Off-market fixer-upper leads sourced across Des Moines, IA.

FAQ

Des Moines fixer-upper questions.

Are ARVs verified?
Each Des Moines listing includes recent sold comps. Your own walk-through and contractor scope are still expected.
Can I use a 203(k) or similar loan?
Some yes, most no — most fixer-uppers in our inventory don't pass FHA condition standards. Hard money or cash works.
What's the typical rehab budget?
Ranges widely: $15k cosmetic flips up to $150k+ full guts. Each Des Moines listing includes a starting scope estimate.
Who pulls permits?
Buyer post-close. Your GC or you, depending on Iowa licensing rules.

How this works in Iowa

Fixer-upper in Iowa: the local rules.

Timeline & foreclosure

Iowa judicial foreclosures take ~6 months. We can close in 14–21 days — enough runway that you don't have to take the first offer.

Iowa is a mostly judicial foreclosure state.

Closing custom

Iowa uses abstracts of title instead of standard title insurance. Pick a local title company that handles abstracts routinely so closing doesn't drag.

Local demand

Des Moines, Cedar Rapids, and the Cedar Falls/Waterloo corridor have the deepest buyer pools. Rural Iowa sees fewer cash bids per home — exactly where a matched-buyer network nets you more.

Des Moines market context

What makes Des Moines different.

Des Moines is a mid-size city of about 213,097 residents in Polk County, IA. Average household income runs roughly $59k, which puts the estimated median home value around $133,000 and typical days-on-market near 38. That mix shapes how fixer-upper deals price and how fast they trade here — bigger metros see more competing offers, smaller markets see fewer bids per home but cleaner negotiating leverage.

Population
213,097
County
Polk
Est. median home
~$133,000
Typical DOM
~38 days

Nearby Iowa markets

Fixer-Uppers in nearby Iowa cities.

CityPopulationEst. median homePage
Cedar Rapids135,283~$271,000fixer-upper
Davenport103,585~$190,000fixer-upper

Glossary

Key terms for fixer-upper in Des Moines.

ARV (After-Repair Value)
What the Des Moines property will sell for once renovated. Drives every offer formula; sanity-check it against sold comps within a half-mile and the last 90 days.
70% rule
Max offer ≈ (ARV × 0.70) − rehab. A starting point, not a law; tight markets routinely transact at 75–80% of ARV.
Assignment
Selling your purchase contract to another investor before closing. The end buyer takes title; you collect an assignment fee.
DSCR loan
Debt-Service-Coverage-Ratio loan that qualifies on the property's rent — not your personal income. The standard way to scale past Fannie's 10-financed-property cap.

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