101 Sparta StMarathonIA50565
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Marathon at 101 Sparta St, Marathon, IA, 50565 with 5% annual appreciation on a $238,000 basis while $1,404/mo rent supports operations. 75% in year one. Equity gained on principal adds $1,536/yr, and five-year appreciation sums $65,755 alongside rental yield of 7.08%. Five-year ROI measures 91.73% and total cumulative return in cash totals $72,370. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,404/mo property income versus a $1,165/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1976
1.66 Acres lot
$N/A/sqft
Has HOA fee HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50565, Marathon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 228 (100%) |
| Owner Occupied HU | 158 (69.3%) |
| Renter Occupied HU | 34 (14.9%) |
| Vacant Housing Units | 36 (15.8%) |
| Median Home Value | $155,000 |
| Average Home Value | $288,101 |
Housing Distribution
Address Breakdown
Residential
127
Single Family
127
Multi-Family
0
Businesses
9
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Listed by: Adam Doughan • Real Broker, LLC
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828446
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.