1809 Summit StMarshalltownIA50158
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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 1809 Summit St, Marshalltown, IA, 50158 listed at $158,000 pairs $1,320/mo rent with a $773/mo payment to leave $294/mo cash flow. Total monthly income runs $1,320/mo, and annual cash flow reaches $3,530/yr on $52,377 cash to close. Return on cash invested measures 26.65% in year one, and rental yield registers 10.03% at a $158,000 basis. Equity gained on principal adds $1,020/yr, and annual property appreciation at 5% supports $43,652 by year five. Five-year ROI tracks 139.48% and total cumulative return in cash totals $73,054. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,320/mo property income relative to a $773/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
0.27 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: Tammie M Engle • Premier Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6328006
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.