213 Hubbell St, Martelle, IA, 52305 | $70/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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213 Hubbell St, Martelle, IA, 52305 | $70/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 Martelle at 213 Hubbell St, Martelle, IA, 52305 priced at $159,000 converts $1,102/mo rent into $70/mo cash flow after a $778/mo obligation. Total monthly income equals $1,102/mo, and annual cash flow totals $835/yr on $52,709 invested. Return on cash invested prints 21.49% in year one, and rental yield reads 8.32% against a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation compiles into $43,929 by year five. Five-year ROI reaches 111.78% and total cumulative return in cash sums $58,920. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,102/mo property income covering a $778/mo payment, not borrower’s personal income.

Single Family

Built in 1950

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming home nestled in the peaceful community of Martelle. This well-kept property offers the perfect balance of small-town serenity with easy access to nearby amenities in Mount Vernon, Marion, and Cedar Rapids. Step into this 2-bedroom, 1.5 bath and find a warm and inviting floor plan filled with natural light. The spacious living area flows seamlessly into the dining spaces/Kitchen, the kitchen is both functional and welcoming. The bedrooms provide comfortable retreats, while the updated bath ensures modern convenience. A cozy layout makes this home easy to care for while still offering plenty of space to relax and enjoy. Outside, youll love the large yardperfect for gardening, outdoor fun, or simply unwinding on summer evenings. The quiet street and friendly neighborhood atmosphere make it easy to feel right at home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 52305, Martelle, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	264 (100%)
Owner Occupied HU	227 (86.0%)
Renter Occupied HU	19 ( 7.2%)
Vacant Housing Units	18 ( 6.8%)
Median Home Value	$322,115
Average Home Value	$358,051