2617 S 8th StMarshalltownIA50158
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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
Investment Highlights
Investment property for sale in Marshalltown at 2617 S 8th St, Marshalltown, IA, 50158 earns from $1,320/mo rent with a $1,933/mo payment. Total monthly income totals $1,320/mo. ROI tracks 8.5% on current figures, and rental yield reads 4.01% at a $395,000 purchase. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 over five years. Five-year ROI reaches 42.05% and total cumulative return in cash sums $55,062. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,320/mo property income instead of your personal income.
Single Family
Built in 2022
0.37 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
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Listed by: Pennie Carroll • Pennie Carroll & Associates
Mls Name: DMMLS
Mls ID: #732365