1132 Stable Ridge DrMarionIA52302
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 1132 Stable Ridge Dr, Marion, IA, 52302 in Marion. Rental yield 4.78%. At $565,000 with 4.78% gross yield, current distributions are modest, but the 5% appreciation rate projects $156,099 in new equity by year five, complemented by $5,204/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.89) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $123,623.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 6.2% |
| Monthly Cash Flow | $(1,419) | $450 |
City averages based on Marion market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,250 |
| Total Monthly Debt Service | $3,445 |
| DSCR Ratio | 0.65x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52302, Marion, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,354 (100%) |
| Owner Occupied HU | 13,855 (71.6%) |
| Renter Occupied HU | 4,305 (22.2%) |
| Vacant Housing Units | 1,194 ( 6.2%) |
| Median Home Value | $271,020 |
| Average Home Value | $305,012 |
Housing Distribution
Address Breakdown
Residential
18,854
Single Family
16,413
Multi-Family
2,441
Businesses
958
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
Single Family
Built in 2024
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52302, Marion, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,354 (100%) |
| Owner Occupied HU | 13,855 (71.6%) |
| Renter Occupied HU | 4,305 (22.2%) |
| Vacant Housing Units | 1,194 ( 6.2%) |
| Median Home Value | $271,020 |
| Average Home Value | $305,012 |
Housing Distribution
Address Breakdown
Residential
18,854
Single Family
16,413
Multi-Family
2,441
Businesses
958
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Troy Mysak, CRS • COLDWELL BANKER HEDGES CORRIDOR
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2407628
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.