2436 Roycroft AlyMarionIA52302
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $289,900, 2436 Roycroft Aly, Marion, IA, 52302 in Marion generates $2,066/mo in rent (8.55% yield) but nets only $113/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.58) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $80,094. Total projected return: $117,924.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.2% |
| Monthly Cash Flow | $113 | $450 |
City averages based on Marion market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,066 |
| Total Monthly Debt Service | $1,837 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2024
3,136 sqft lot
$N/A/sqft
$70 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
18,854
Single Family
16,413
Multi-Family
2,441
Businesses
958
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
Condo
Built in 2024
3,136 sqft lot
$N/A/sqft
$70 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
18,854
Single Family
16,413
Multi-Family
2,441
Businesses
958
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stefan Doerrfeld-Twenty40 Sales Team • Twenty40 Real Estate + Development
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2508798
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.