2202 Vermillion LnMarshalltownIA50158
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 Marshalltown at 2202 Vermillion Ln, Marshalltown, IA, 50158 priced at $269,900 pairs $1,320/mo rent with after a $1,321/mo payment. Total monthly income equals $1,320/mo. Return on cash invested is 14.1% in year one, and rental yield stands at 5.87% on a $269,900 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,568 by year five. Five-year ROI measures 72.16% and total cumulative return in cash reaches $64,566. For financing, Ziffy Mortgage’s DSCR program evaluates $1,320/mo property income against a $1,321/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.34 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristin Polley • Century 21 Signature Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6326109
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.