2095 3rd Ave, Marion, IA, 52302 | $58/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2095 3rd Ave, Marion, IA, 52302 | $58/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

Investment property for sale in Marion at 2095 3rd Ave, Marion, IA, 52302 offers a 8.15% rental yield on a $196,000 purchase with $1,331/mo rent. Total monthly income registers $1,331/mo, and a $959/mo payment leaves $58/mo available for distribution. Annual cash flow reaches $701/yr on $64,974 to close, and return on cash invested stands at 20.99% in year one. Equity gained on principal adds $1,265/yr while 5% annual appreciation supports $54,151 over five years. Portfolio math shows five-year ROI at 109.08% and total cumulative return in cash at $70,872. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,331/mo property income against a $959/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1920

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 2095 3rd Avenue in Mariona home ready to bring joy and fresh beginnings into the new year. This charming, move-in-ready property has been thoughtfully updated so the next owners can simply settle in and start creating memories. Recent improvements include brand-new carpet pad and carpeting throughout, new luxury vinyl plank (LVP) flooring, fresh interior paint, and stylish new accent shutters that instantly elevate the homes curb appeal, walls added in basement, additional light fixtures and more. The seller poured care, love & effort into ensuring this home will be loved by it's new owner(s). Youll love the fully fenced backyard with a patio perfect for gathering with friends, hosting summer cookouts, or enjoying peaceful evenings at home. Inside, newer appliances and main-level laundry offer everyday convenience, while the basement provides flexible space ideal for a recreation room, office, or hobby areacomplete with a toilet & wall already installed to make a future bathroom addition effortless. (washtub sink downstairs but not connected). A newer two-stall garage (less than three years old), a newer roof, and peace of mind with no Orangeburg sewer add even more value. Located in a wonderfully walkable area, this home places you minutes from Uptown Marions vibrant shops and restaurants, Thomas Park, Lowe Park, the Marion Public Library, coffee shops, trails, and year-round community events. If youve been dreaming of starting the year in a beautifully updated, well-maintained home in one of Marions most convenient and thriving locations, this is the perfect opportunity.

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