1465 & 1485 Meadowview Dr UNIT 20MarionIA52302
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 Marion at 1465 & 1485 Meadowview Dr UNIT 20, Marion, IA, 52302 listed at $970,000 pairs $1,426/mo rent with a $4,748/mo payment. Total monthly income runs $1,426/mo. Return on cash invested measures 1.73% in year one, and rental yield registers 1.76% at a $970,000 basis. Equity gained on principal adds $6,259/yr, and annual property appreciation at 5% supports $267,993 by year five. Five-year ROI tracks 5.74% and total cumulative return in cash totals $18,305. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,426/mo property income relative to a $4,748/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1970
N/A 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
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Listed by: Gary Doerrfeld • Coldwell Banker Hedges Corridor
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202502681
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it 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 accurate by the MLS.