3060 18th Ave, Marion, IA, 52302 | 7.61% Rental Yield

For Sale

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

Investment property for sale in Marion at 3060 18th Ave, Marion, IA, 52302 offers a 7.61% rental yield on a $254,900 purchase with $1,616/mo rent. 34% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,424 over five years. Portfolio math shows five-year ROI at 100.26% and total cumulative return in cash at $84,720. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,616/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1961

8,400 sqft lot

$N/A/sqft

No 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