1710 Elder DrMarshalltownIA50158
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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 1710 Elder Dr, Marshalltown, IA, 50158 offers a 11.56% rental yield on a $137,000 purchase with $1,320/mo rent. Total monthly income registers $1,320/mo, and a $671/mo payment leaves $430/mo available for distribution. Annual cash flow reaches $5,158/yr on $45,416 to close, and return on cash invested stands at 31.27% in year one. Equity gained on principal adds $884/yr while 5% annual appreciation supports $37,851 over five years. Portfolio math shows five-year ROI at 164.17% and total cumulative return in cash at $74,560. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,320/mo property income against a $671/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
8,276 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: Roberto Ramirez • New Horizons Realty
Mls Name: NoCoast MLS
Mls ID: #6331590