107 W Amherst StMarcusIA51035
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Marcus at 107 W Amherst St, Marcus, IA, 51035 uses $56,322 cash to close to unlock $2,438/yr annual cash flow and $203/mo monthly cash flow. Total monthly income runs $1,307/mo, and a $832/mo payment keeps the spread at $203/mo. Purchase price stands at $169,900, and rental yield measures 9.23% with $1,307/mo rent. Return on cash invested shows 24.24% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 126.54% and total cumulative return in cash records $71,270. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,307/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 195
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51035, Marcus, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 761 (100%) |
| Owner Occupied HU | 564 (74.1%) |
| Renter Occupied HU | 118 (15.5%) |
| Vacant Housing Units | 79 (10.4%) |
| Median Home Value | $198,980 |
| Average Home Value | $221,600 |
Housing Distribution
Address Breakdown
Residential
321
Single Family
307
Multi-Family
14
Businesses
80
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices