205 S Walnut StMarcusIA51035
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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
Rental property for sale in Marcus at 205 S Walnut St, Marcus, IA, 51035 generates $942/mo in rent and, after a $582/mo payment, leaves $170/mo in cash flow. Total monthly income is $942/mo, and annual cash flow is $2,035/yr on $39,449 invested. Return on cash invested sits at 25.07% in year one, and rental yield is 9.5% on a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 130.94% and total cumulative return in cash sums $51,653. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $942/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51035, Marcus, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 761 (100%) |
| Owner Occupied HU | 564 (74.1%) |
| Renter Occupied HU | 118 (15.5%) |
| Vacant Housing Units | 79 (10.4%) |
| Median Home Value | $198,980 |
| Average Home Value | $221,600 |
Housing Distribution
Address Breakdown
Residential
321
Single Family
307
Multi-Family
14
Businesses
80
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