300 Washington StMarneIA51552
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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
Rental property for sale in Marne at 300 Washington St, Marne, IA, 51552 offers $0/mo rent that, after a $795/mo payment. Total monthly income is $0/mo. Return on cash invested measures -3.59% in year one, and rental yield stands at 0% at a $162,500 entry. Equity gained on principal adds $1,049/yr while 5% annual appreciation compounds into $44,896 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $795/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51552, Marne, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 120 (100%) |
| Owner Occupied HU | 98 (81.7%) |
| Renter Occupied HU | 13 (10.8%) |
| Vacant Housing Units | 9 ( 7.5%) |
| Median Home Value | $169,643 |
| Average Home Value | $265,153 |
Housing Distribution
Address Breakdown
Residential
94
Single Family
94
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices