1704 S 3rd AveMarshalltownIA50158
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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 1704 S 3rd Ave, Marshalltown, IA, 50158 uses $81,881 cash to close to unlock $4,030/yr annual cash flow and $336/mo monthly cash flow. Total monthly income runs $1,940/mo, and a $1,209/mo payment keeps the spread at $336/mo. Purchase price stands at $247,000, and rental yield measures 9.43% with $1,940/mo rent. Return on cash invested shows 24.83% in year one, and 5% annual appreciation builds toward $68,242 over five years. Five-year ROI reaches 129.63% and total cumulative return in cash records $106,144. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,940/mo property income covering a $1,209/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.26 Acres 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: Webber, Meredith • RE/MAX Concepts
Mls Name: DMMLS
Mls ID: #730974