219 S Ash StMarcusIA51035
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 219 S Ash St, Marcus, IA, 51035 offers $1,382/mo rent that, after a $1,150/mo payment. Total monthly income is $1,382/mo. Return on cash invested measures 17.69% in year one, and rental yield stands at 7.06% at a $235,000 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,926 by year five. Five-year ROI records 91.32% and total cumulative return in cash reaches $71,140. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,382/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
0.40 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices