1363 Echo Ridge LnMarionIA52336
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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
Rental property for sale in Marion at 1363 Echo Ridge Ln, Marion, IA, 52336 priced at $479,900 pairs $810/mo rent with after a $2,349/mo payment. Total monthly income equals $810/mo. Return on cash invested is 2.51% in year one, and rental yield stands at 2.03% on a $479,900 basis. Equity gained on principal adds $3,097/yr, and 5% annual appreciation accumulates to $132,588 by year five. Five-year ROI measures 9.95% and total cumulative return in cash reaches $15,825. For financing, Ziffy Mortgage’s DSCR program evaluates $810/mo property income against a $2,349/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52336, Springville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 989 (100%) |
| Owner Occupied HU | 753 (76.1%) |
| Renter Occupied HU | 157 (15.9%) |
| Vacant Housing Units | 79 ( 8.0%) |
| Median Home Value | $261,436 |
| Average Home Value | $307,560 |
Housing Distribution
Address Breakdown
Residential
851
Single Family
851
Multi-Family
0
Businesses
42
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Listed by: Troy Mysak, CRS • COLDWELL BANKER HEDGES CORRIDOR
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2501971
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.