1845 Hunters Creek WayMarionIA52302
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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 Marion at 1845 Hunters Creek Way, Marion, IA, 52302 at $220,000 posts ROI 26.62% with $408/mo cash flow from $1,837/mo rent. Total monthly income equals $1,837/mo, and annual cash flow records $4,896/yr on $72,930 to close. Return on cash invested measures 26.62% and rental yield reads 10.02% at the current $220,000. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 by year five. Five-year ROI prints 139.23% and total cumulative return in cash totals $101,543.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,837/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2009
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
18,854
Single Family
16,413
Multi-Family
2,441
Businesses
958
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