208 N Center 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
Rental property for sale in Marshalltown at 208 N Center St, Marshalltown, IA, 50158 priced at $132,000 converts $1,320/mo rent into $463/mo cash flow after a $646/mo obligation. Total monthly income equals $1,320/mo, and annual cash flow totals $5,554/yr on $43,758 invested. Return on cash invested prints 32.6% in year one, and rental yield reads 12% against a $132,000 entry. Equity gained on principal adds $852/yr, while 5% annual appreciation compiles into $36,469 by year five. Five-year ROI reaches 171.33% and total cumulative return in cash sums $74,971. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,320/mo property income covering a $646/mo payment, not borrower’s personal income.
Single Family
Built in 1920
0.26 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: Kelli Thurston • Legacy Real Estate
Mls Name: NoCoast MLS
Mls ID: #6330422