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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Marion at 2270 26th St, Marion, IA, 52302 generates $1,553/mo in rent and, after a $857/mo payment, leaves $400/mo in cash flow. Total monthly income is $1,553/mo, and annual cash flow is $4,805/yr on $58,013 invested. Return on cash invested sits at 28.19% in year one, and rental yield is 10.65% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 147.83% and total cumulative return in cash sums $85,759. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,553/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52302, Marion, IA area.
| 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 |
Residential
18,854
Single Family
16,413
Multi-Family
2,441
Businesses
958
Date | Event | Price |
|---|---|---|
| 2025-01-17 | Listed for sale | $175,000 |
| 2013-01-15 | Sold | $63,299 |
| 2012-11-07 | Price change | $71,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $2848.00 | 4.94% | $123,500 | -3.74% |
| 2022-01-27 | $2714.00 | 1.72% | $128,300 | N/A |
| 2021-01-27 | $2668.00 | 1.75% | $128,300 | 8.36% |
Listed by: Chris Puckett • COLDWELL BANKER HEDGES
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2500429
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.
