1810 50th St, Marion, IA, 52302 | $194/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1810 50th St, Marion, IA, 52302 | $194/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Marion at 1810 50th St, Marion, IA, 52302 generates $1,636/mo in rent and, after a $1,087/mo payment, leaves $194/mo in cash flow. Total monthly income is $1,636/mo, and annual cash flow is $2,326/yr on $73,593 invested. Return on cash invested sits at 23.07% in year one, and rental yield is 8.84% on a $222,000 entry. Equity gained on principal adds $1,433/yr, while 5% annual appreciation builds toward $61,335 over five years. Five-year ROI reaches 120.19% and total cumulative return in cash sums $88,455. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,636/mo property income rather than buyer’s personal income.

Condo

Built in 2006

N/A lot

$N/A/sqft

No HOA

More details about the property

Super charming condo in Marion! Youll love the space this home provides! Vaulted ceilings in the living room and primary bedroom. Breakfast bar and eat-in kitchen areas, all appliances will remain with the home including the washer and dryer. Back door in the kitchen leads to the recently stained deck on the back of the home. The primary suite offers dual closets, the attached bathroom has dual sinks and a shower. Another bedroom on the main level and a hallway bathroom with a tub/shower combo. 1st floor laundry too. In the finished lower level theres a family room, another full bathroom, a conforming 3rd bedroom and great storage space! Radon mitigation system in place, sump pump, all appliances included. Check this one out today before its too late! Estate property, selling as is.

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