1516 Kalsem BlvdMarshalltownIA50158
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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 Marshalltown at 1516 Kalsem Blvd, Marshalltown, IA, 50158 offers a 9.38% rental yield on a $107,500 purchase with $840/mo rent. Total monthly income registers $840/mo, and a $526/mo payment leaves $142/mo available for distribution. Annual cash flow reaches $1,704/yr on $35,636 to close, and return on cash invested stands at 24.69% in year one. Equity gained on principal adds $694/yr while 5% annual appreciation supports $29,700 over five years. Portfolio math shows five-year ROI at 128.85% and total cumulative return in cash at $45,919. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $840/mo property income against a $526/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50158, Marshalltown, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,070 (100%) |
| Owner Occupied HU | 8,290 (63.4%) |
| Renter Occupied HU | 3,581 (27.4%) |
| Vacant Housing Units | 1,199 ( 9.2%) |
| Median Home Value | $154,025 |
| Average Home Value | $199,295 |
Housing Distribution
Address Breakdown
Residential
12,506
Single Family
11,272
Multi-Family
1,234
Businesses
916
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Listed by: Kajun Morris • No Limits Real Estate
Mls Name: NoCoast MLS
Mls ID: #6331250