2725 Pheasant Ridge Ct, Marion, IA, 52302 | $470/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2725 Pheasant Ridge Ct, Marion, IA, 52302 | $470/mo Cash Flow | Ziffy

For Sale

Listed for sale today

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Marion at 2725 Pheasant Ridge Ct, Marion, IA, 52302 generates $1,639/mo in rent and, after a $881/mo payment, leaves $470/mo in cash flow. Total monthly income is $1,639/mo, and annual cash flow is $5,642/yr on $59,637 invested. Return on cash invested sits at 29.37% in year one, and rental yield is 10.93% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 154.05% and total cumulative return in cash sums $91,869. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,639/mo property income rather than buyer’s personal income.

Condo

Built in 1996

N/A lot

$N/A/sqft

No HOA

More details about the property

Spacious 3-bedroom, 2.5-bath, two-story condo with vaulted ceilings and second-floor laundry. The two-story foyer features tile flooring and opens to a bright great room with adjacent dining area and slider to a double-sized deck with pergola, overlooking the back common area. The kitchen offers granite countertops, tile backsplash, stainless steel appliances, and a pantry. Laminate flooring runs through the great room, dining area, and kitchen, with tile in the entry and half bath. All bathrooms include granite vanity tops and newer light fixtures. Upstairs features a vaulted primary bedroom with double closets, an additional bedroom, laundry closet, and an updated main bath. The lower level includes a third bedroom, full bath with tile flooring, two daylight windows, and extra space ready to finish for a family room, office, or exercise area. Conveniently located near schools, shopping, restaurants, and parks. Schedule a showing today! Please allow 24 hours response time for all offers.

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